Gabon receives $150 million to preserve its rainforest
5 years, 4 months ago

Gabon receives $150 million to preserve its rainforest

CNN  

CNN — In an effort to fight climate change, the Central African Forest Initiative announced Sunday that Gabon will be paid $150 million in international funds to preserve its rainforest. “The 150 million US dollars agreement announced today between Gabon and Norway via the Central African forest initiative is historic in many ways. The country also hosts more than 50% of the surviving forest elephants on the continent, which CAFI said was a “key indicator of sound natural resource governance.” Raising the value of Gabonese rainforests But Gabon is not without its environmental challenges. Lee White, the country’s new minister of Forest, Seas, Environment and Climate Change, says raising the value of Gabonese rainforests is an important key in improving the living standards of the people of Gabon.

History of this topic

Gabon’s Junta Gets Direct Access to $620 Million Timber Industry
3 weeks, 6 days ago
A $500 million deal to restore Gabon's coast reignites climate finance debate
1 year, 5 months ago
At Gabon talks, a debate on who pays to save world’s forests
1 year, 10 months ago
At Gabon talks, a debate on who pays to save world’s forests
1 year, 10 months ago
With over 22 per cent forest cover Africa eyes to grow its carbon market
2 years, 4 months ago
With forests abound, Africa looks to grow its carbon market
2 years, 4 months ago
Gabon sets example of how to preserve the Congo Basin rainforest
2 years, 4 months ago
Q&A: How Gabon plans to lead the African negotiators at COP26
3 years, 3 months ago
Value of nature: What is the cost of the trees in the Gabon forests that suck in carbon dioxide
3 years, 4 months ago

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