Gabon will become the first African country paid with international funds to preserve its forests in an effort to fight climate change, the United Nations said Sunday.
Norway will provide Gabon, which is almost 90 percent covered by forest, with $150 million to battle deforestation, according to the Central African Forest Initiative (CAFI), which the UN launched to bring together the region’s nations with Western donors.
The “historic” 10-year deal will be awarded to Gabon for “both reducing its greenhouse gas emissions from deforestation and degradation, and absorption of carbon dioxide by natural forests,” CAFI said in a statement.
Read: Ex-Gabonese MP gets 6 years sentence over electoral violence
The announcement comes ahead of a major UN climate summit on Monday that Secretary-General Antonio Guterres has called to ask countries to raise their greenhouse gas reduction targets.
Gabon has been a leader in Central Africa in preserving its rainforests, creating 13 national parks since 2000 that cover around 11 percent of the country.
It has around 12 percent of the Congo Basin forest, the world’s second-largest tropical rainforest, and is home to almost 60 percent of the surviving forest elephants in Africa, which CAFI said was “a key indicator of sound natural resource governance”.
A major scandal involving a huge haul of illegally logged Kevazingo, a tropical hardwood, led to the vice president being sacked, and British-born environmental campaigner Lee White being appointed forestry minister.
Copyright: News Central TV
All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from News Central TV.
