Gabon plans to issue 90 million REDD credits before COP27. REDD-Monitor asked the UNFCCC Secretariat some questions about how these credits are generated.
Category: Gabon

Gabon plans the world’s biggest ever issue of carbon credits. By logging its forests
Gabon plans to create187 million carbon credits. The plan is bad for the climate, bad for the forests, and bad for the people living in Gabon’s forests.

Press conference on March 15: No to Nature-Based Solutions!
No to Nature-Based Solutions: A press conference will be held on 15 March 2022 highlighting the problems with Nature-Based Solutions with speakers from Brazil, Gabon, and India.

TRIDOM – one of the largest trans-boundary wildlife areas in Africa faces critical new threats. Far from protesting, conservationists are looking to cash-in on the destruction
TRIDOM faces major threats from mining and hydropower. WWF hopes to cash in by getting the mining companies to fund conservation.

“Payment for non-performance”: Norway pays Gabon US$17 million for increasing deforestation
Recently Gabon became the first African government to be paid for reducing emissions from deforestation and forest degradation. But deforestation increased.