The development objective of the Enhancing Institutional Capacities on Reducing Emissions from Deforestation and Forest Degradation (REDD) issues for Sustainable Forest Management in the Congo Basin Project is to strengthen the capacities of the Congo Basin countries on REDD issues and on forest carbon stock measurements, in particular. There are four components to the project. The first component is improving knowledge and coordination on REDD in the Congo Basin (US$4.7m): the component will support, improve and accelerate the regional knowledge and coordination on REDD by: (i) strengthening the regional dialogue on REDD across the Congo Basin countries with a specific focus on learning and knowledge exchange between the political and technical levels; (ii) promoting inclusive participation and representation of stakeholder groups in policy and strategy discussions at the regional level; and (iii) responding to incremental capacity building needs to maintain regional cohesion; the second component is building technical capacities for measurement and monitoring of carbon stocks in the Congo Basin forests (US$4.0m): the component will cover: (i) the set up of a scientific partnership for forest carbon measurement and monitoring; and (ii) the elaboration of specific algometric equations for the Congo Basin forests to enable countries to accurately report changes in forest carbon stock for a future results-based financial incentive system for REDD; The third component is mainstreaming REDD concept in Sustainable Forest Management (SFM) Projects (US$3.0m): the component will target REDD project developers to enhance their capacity, through exchanges of information as well as preparation of methodologies and technical guidelines for REDD project preparation and implementation; and the fourth component is project management (US$1.3m): the component will support project impl