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Gabon to host summit on protectecting tropical forests months before presidential election
One Forest Summit, announced at COP27 in November 2022, will be co-hosted by France and Gabon. Its goal is to demonstrate the role that forest carbon sinks play in fighting climate change.
Source: lemonde.fr
Gabon's issuance of carbon credits to be world's largest
Gabon, the second-most forested nation after Suriname, aims to create 187 million carbon credits, almost half of which could be sold on the offsets market in what would be the single largest issuance in history. The government is working with the UN Framework Convention on Climate Change’s REDD+ mechanism to create the credits, Gabonese Minister of Water, Forests, the Sea and Environment Lee White said last week on the sidelines of a Commonwealth group of nations meeting in Rwanda. Gabon also wants to harvest its forests sustainably to generate income, he added. The carbon credits “will p...
Source: taipeitimes.com
Pay Africa for carbon offsets to save the planet and support livelihoods, leaders say
Experts have called on nations to leverage their natural resources that act as a carbon sink for economic benefit.
Source: theeastafrican.co.ke