Direct benefit-sharing with local populations,
At the heart of the Congo Basin, the CFCLs (Community Forest Concessions) represent a transformative model of environmental governance.
These concessions grant local communities legal rights to manage and protect their forests, ensuring that conservation, livelihoods, and carbon finance work hand in hand.
Through the CFCL framework, Black River promotes inclusive, transparent, and resilient climate action , aligning community priorities with global sustainability goals.
A distinctive feature of the Black River Impact Bond is its community-driven foundation. At least 20% of proceeds are directed toward CFCL-managed initiatives, ensuring:
Direct benefit-sharing with local populations,
Reinforcement of land tenure security,
Implementation of FPIC (Free, Prior and Informed Consent) at every project stage,
Co-development with traditional leaders, women’s groups, and youth associations.
This ensures that capital raised contributes not only to carbon outcomes but also to social equity and long-term resilience.