On Friday 7 October 2022, the United Nations’ Framework Convention for Climate Change (UNFCCC) published its report on the technical analysis of Gabon’s activities during the 2010-2018 period, regarding the reduction of deforestation-induced emissions, the reduction of the emissions due to forest destruction, the conservation of forest carbon stocks, the sustainable management of forests and the enhancement of forest carbon stocks (REDD+).
The conclusions of the UNFCCC’s report indicate that from 2010 to 2018, Gabon had reduced its CO2 emissions by 90,636,103 in comparison with the average emission that had occurred in the country between 2000 and 2009. Referring to Gabon’s status as a country highly covered with forest and practicing little deforestation (HFLD), the UNFCCC has validated 187,104,289 tons of its REDD credits.
Furthermore, these conclusions testify that the data and information provided by Gabon are “in compliance with the guidelines” in force and “transparent”.
Therefore, the UNFCCC delivers its certificate to Gabon’s REDD credits for the 2010-2018 period. It is an indispensable pre- condition and also an important step forward for their commercialisation.
For Gabon, being awarded that certificate is a great achievement after long years of hard work under the leadership of the Ministry of Environment and Forests, in accordance with the instructions of His Excellency the President of the Republic, Mr. Ali BONGO ONDIMBA.
Mostly, it is a major turning point. Being a country that is steadily engaged in protecting forest and biodiversity, Gabon will henceforth add value to its actions in favor of climate preservation, by withholding a significant part of the resources it obtains from the protection and the sustainable management of forest. This will permit to accelerate the preparation of the after-oil era.