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Forest conservation and reduction of carbon dioxide emissions: Congo expects around 5 billion FCFA

06/08/2024
Source : ORISHAS-FINANCE
Categories: Sectors

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The funding expected by Congo is 8,371,060 dollars, or about 5 billion CFA francs and aims to reward the country for its efforts in forest conservation and the reduction of carbon dioxide emissions.

The Emission Reduction Program-Sangha Likouala (PRE-SL), is a jurisdictional program to reduce emissions related to deforestation and forest degradation that integrates sustainable forest management, conservation of biodiversity and the increase of forest carbon stocks in the departments of Likouala and Sangha, in order to produce emission reduction credits. Indeed, this carbon credit should be distributed to designated beneficiaries, in accordance with the Profit Sharing Plan.

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