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WICE and Central African Forests Commission Sign MOU to Develop Congo Basin Forest Finance Facility

WICE and Central African Forests Commission Sign MOU to Develop Congo Basin Forest Finance Facility

WASHINGTON , May 15, 2026 /PRNewswire/ -- The World Institute for Conservation and Environment (WICE) and the Central African Forests Commission (COMIFAC), the intergovernmental body coordinating forest policy across Central Africa, have signed a Memorandum of Understanding (MOU) to jointly develop the Congo Basin Forest Finance Facility. Through the Facility, WICE and COMIFAC aim to build investable pipelines of nature-based forest opportunities, reduce real and perceived investment risk, and mobilize private capital to support sustainable forest economies across COMIFAC member states. Under the MOU, WICE and COMIFAC have established a collaborative framework to design a blended finance platform focused on sustainable forestry, carbon finance, biodiversity, and nature-based solutions. WICE will provide technical leadership across these areas, while COMIFAC provides political leadership, ensures regional ownership, and coordinates engagement with member states. "The Congo Basin is one of the most important natural assets on the planet, yet it remains underfinanced," said Emily Weeks, Co-founder and CEO of WICE. "This Facility is designed to bridge that gap by building credible, investment-ready opportunities that protect forests, support communities, and unlock long-term capital ... Full story available on Benzinga.com

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