The International Cooperative Biodiversity Group (ICBG) Associate Program for Biodiversity Inventory and Monitoring, Conservation and Training (AP1) is composed of three organizations: the Smithsonian Institution's Monitoring and Assessing Biodiversity Program (SI/MAB), the Center for Tropical Forest Science (CTFS), and the Bioresources Development and Conservation Programme. This report focuses on the use of phase-out funds provided by ICBG to enable AP1 - now ongoing for 9 years - to maintain its projects in the short term while seeking new sources of funding to sustain the program over the long term. In addition, funds were to be used for the purpose of completing the enumeration of lianas in the 50-ha Korup Forest Dynamics Plot (Korup National Park, Cameroon) and for preparing research publications for peer-reviewed journals. During this phase-out period, CTFS also has been active in continuing to build local capacity by providing training opportunities in a variety of areas. The long-term goals are to continue monitoring and inventorying forest dynamics at the large (50 ha) and small (1-ha) scales. The large-scale plot data effectively address where diversity is found in relation to environmental factors, how it is maintained, and how it can be sustainably managed. The smaller plots provide data for understanding the distribution of diversity and forest composition changes over landscapes. Together these data provide key insights into the maintenance and dynamics of African tropical forests located in the critically endangered Congo Basin as well as inventory and harvesting data of biologically active compounds.