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Good practice Imported

Gabon CAFI Forest Carbon Agreement

Gabon · Libreville · See the Gabon profile · See the Libreville profile

Evidence: Observational / pre–post Top 18% 60/100 · Ask Evidence Copilot about this practice

Gabon's 23.6M-ha Congo Basin rainforest (88 % of territory, deforestation <0.08 %/yr since 1990) earns results-based CAFI payments: US$17M received for 2016–2017 reductions; up to US$150M earmarked for 2016–2025 at $5/tonne verified.

23.6M ha (88% of territory)
Forest area
<0.08%/yr since 1990
Deforestation rate
US$17M
Payment received (2016-2017 reductions)
up to US$150M at US$5/t
Payments foreseen 2016-2025

Details

Maturity
Scaling
Promoter
Government of Gabon / Ministère des Eaux et Forêts / CAFI
Period
2016-present
Keywords
Tropical forest, carbon, REDD+, Congo Basin, biodiversity

Context

Gabon's 23.6M ha of Congo Basin rainforest (88% of the territory, with deforestation below 0.08%/yr since 1990) receives results-based payments from the Central African Forest Initiative (CAFI).

Results

It received US$17M for its 2016-2017 reductions, with up to US$150M foreseen for 2016-2025 at US$5 per verified tonne.

Implementation

Implementation detail (cost, timeline, staffing, conditions for success) is not yet available for this practice.

Commonly funded by

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Data sources

Where this practice's information was retrieved from, and when.

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