Investment Planning for the Sustainable and Equitable Development of the Lake Chad Basin’s Natural Resources (PIBALT)

Investment Planning for the Sustainable and Equitable Development of the Lake Chad Basin’s Natural Resources (PIBALT)

Background

The Lake Chad Basin, 2.5 million km² in size, is a living space for nearly 45 million people, including 2 million living around the lake. The ecosystem is under strong pressure due to:

• the effects of climate change;
• hydrological variability;
• the degradation of biodiversity;
• the rapid increase in population;
• socio-economic fragilities exacerbated by insecurity (Boko Haram and ISWAP).

In order to respond to these challenges, the Lake Chad Basin Commission (LCBC) has adopted a New Strategic Action Programme (SAP 2023-2037), requiring a Five-Year Investment Plan (FYIP) to structure priority actions.

Overall objective

Rebuild the economy of the Lake Chad Basin through sustainable, efficient and equitable exploitation of natural resources, through the development of a five-year Investment Plan based on SAP (2023-2037).

Specific objectives

1. Assess the impact of the first Five-Year Investment Plan (FYIP 2013-2017).
2. Identify and prioritize investment actions aligned with the environmental objectives (EQO) of SAP (2023-2037).
3. Strengthen the capacities of regional and national institutions.
4. Mobilize technical and financial partners for the financing of Lake Chad Basin projects.

Expected results

Short-term (during the project)

• Full impact assessment of the 1st FYIP.
• Development of a 2nd Five-Year Investment Plan including at least 20 bankable project sheets.
• Organization of a validation workshop and an investor round table.

Medium term

• Improved governance of water and natural resources.
• Strengthening the climate resilience of communities in the basin.
• Capacity building of the LCBC and Member States.

Beneficiaries

Direct

• Lake Chad Basin Commission (LCBC)
• National Water and Environmental Management Institutions
• Institutional actors from the 5 countries of the conventional basin: Cameroon, Chad, Niger, Nigeria, CAR.

Indirect

• The 45 million inhabitants of the basin and the 2 million living around the lake.
• Women, youth and vulnerable groups, whose livelihoods depend on natural resources.

Project components

Component I: Development of the 2^nd Five Years Investment Plan

1. Evaluation of the 1st FYIP (2009–2018)
2. Identification of sectoral investment opportunities
   • Agriculture
   • Ageing
   • Fishing
   • Energy
   • Trade and navigation
3. Development of at least 20 project sheets aligned with SAP EQOs
4. Development of the 2024 – 2029 Investment Plan
5. Climate risk assessment and development of a resilience plan
6. Support for the organization of the donors’ round table

Component II: Project Management (LCBC)

• Administrative functioning, coordination, monitoring and evaluation, audit.