Recently Gabon became the first African government to be paid for reducing emissions from deforestation and forest degradation. But deforestation increased.
By Chris Lang Carbon Market is a timber company, registered in France in May 2009. The company imports timber from Bolivia, Brazil, Peru, Cameroon, the Democratic Republic of Congo, and Gabon.
At a meeting on 22 September 2019 in New York, Lee White, who was recently appointed Forestry Minister in Gabon, announced a new US$150 million REDD deal with the Central African Forest Initiative. The meeting marked the fifth anniversary of the New York Declaration on Forests. The money will come, surprise, surprise, from Norway.
“Conservation efforts in the Congo Basin are mostly failing to protect forests and biodiversity, having serious negative impacts on local populations, and for these reasons are probably unsustainable.”