This will provide Gabon with the financial means to continue implementing activities relating to the sustainable management and preservation of forests. The partnership, worth up to $150 million, provides Gabon with an incentive to reduce GHGs by setting a carbon floor price of $5 per tonne and $10 per certified tonne. The first payment for results took place in June 2021, for an amount of 17 million dollars corresponding to 3.4 million tCO2eq stored.
This will provide Gabon with the financial means to continue implementing activities relating to the sustainable management and preservation of forests. The partnership, worth up to $150 million, provides Gabon with an incentive to reduce GHGs by setting a carbon floor price of $5 per tonne and $10 per certified tonne. The first payment for results took place in June 2021, for an amount of 17 million dollars corresponding to 3.4 million tCO2eq stored.
['Other']