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THE FIE AND THE EFL TAKE ASSESSMENT OF THE YEAR 2024

The Environmental Intervention Fund (FIE) is holding, from January 22 to 24, 2025 in Koudougou, the fourth (4th ⁾ quarterly meeting of 2024 and the review meeting of the entire past year, with the Local Financial Experts (EFL) as part of the implementation of the Integrated Municipal Development Projects for REDD+ (PDIC/REDD+).

The participants in the meeting are the 30 EFL (financial controllers) in charge of the thirty (30) municipalities of the first wave.

The general objective of the meeting is to take stock of the quarter and the year 2024 of the fiduciary implementation of PDIC/REDD+ and to develop the action plan for the year 2025. Specifically , this involves examining and validating the technical and financial reports of the activities of the fourth quarter and the whole of 2024; examining and validating the results achieved during the fourth quarter and the whole of 2024. It will also involve analyzing the difficulties encountered and proposing possible solutions; developing an action plan for 2025 and making proposals or recommendations aimed at improving the effectiveness and efficiency of the fiduciary implementation of PDIC/REDD+.

As a reminder, Burkina Faso has benefited from financial and technical support from the World Bank for the preparation and implementation of the " Sustainable Management Project for Communal Landscapes for REDD+ (PGPC/REDD +) subdivided into four components, the first of which is devoted to the implementation of Integrated Communal Development Projects for REDD+ (PDIC/REDD+). Planned in ninety-six (96) communes in several regions of the country, the PDIC/REDD+ benefits from a budget allocation of two hundred million (200,000,000) FCFA to three hundred million (300,000,000) FCFA each for the development of the activities listed therein.

For better monitoring of the management of financial resources, a collaboration agreement for fiduciary facilitation was signed between the PGPC/REDD+ and the FIE. The mission assigned to the FIE aims to enable fiduciary facilitation with a view to the successful implementation of PDIC/REDD+. To do this, the FIE must play a dual role: to ensure financial intermediation between the PGPC/REDD+ and the intervention municipalities and to ensure control of compliance with administrative, accounting, financial and procurement procedures.

For the operationalization of this mission, the FIE has identified, at the local level, resource persons called "Local Financial Experts" who ensure the control of budgetary operations and the application of regulatory texts within the framework of the execution of the PDIC/REDD+ of the municipalities .

 The financial monitoring system provides for the holding of periodic consultation frameworks between the FIE and the EFLs in order to ensure the success of the project. To this end, each quarter, the FIE and the EFLs meet for a quarterly review in order to analyze the results obtained and the difficulties encountered on the one hand, but also to propose a schedule for the following quarter.

The deliverables expected from this meeting are: the report for quarter 4 of the year 2024 ; the consolidated report for the year 2024 and the action plan for the year 2025.

The opening ceremony was punctuated by two interventions. The first was that of the representative of the World Bank, Abdoulaye ZONGO, who praised the quality of the work done by the FIE and the EFL. He encouraged these project partners to continue in the same dynamic for the successful implementation of PDIC/REDD+, because the objective is for the project to be an example of success.

The Director General of FIE, Delwendé Davy NANEMA also congratulated the EFLs for their commitment. He urged them not to give up because the challenges remain enormous. Mr. NANEMA invited the EFLs not to hesitate to make proposals for a better implementation of PDIC/REDD+.

The first day of work was devoted to the financial report, municipality by municipality, of the project for the fourth quarter; the financial report of the project as of December 31, 2024+; the report on the execution of contracts for the acquisition of goods and services, as of December 31, 2024+; the state progress of the implementation of the project; an update on the difficulties encountered and proposed solutions, all followed by discussions.

DCRP/FIE