What is the economic and social value of the forestry and wildlife sector in Central Africa States: a case study of Cameroon?
The answer to this question was at the heart of a study conducted by the Facilitation of the Congo Basin Forest Partnership (CBFP) in conjunction with the Central Africa Forests Commission (COMIFAC) and forest administrations of the member countries and executed by CIFOR.
The findings of this study which were disclosed in an article made public, are telling for Cameroon and the Central African sub-region. It indicates that:
- The forestry/wildlife sector accounts for 4% of Cameroon’s non-oil GDP,
- The gross value of economic benefits from this sector is estimated at close to 150 billion CFAF per year,
- The sector generated nearly 22,722 direct jobs, including 21, 902 direct permanent jobs in the industrial wood processing sector and 802 jobs from sport hunting,
- the forestry sector contributes to state revenue, to the tune of 64.2 billion CFAF including 27.8 for specific taxation and 36,4 for general taxation related to logging and wood processing, hunting and the NTFP sector.
For more information on the study, please see the Abstract below: