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Africa urged to stop selling land, forests on ‘depreciated’ carbon credit market — AFC report

African countries must stop selling land on “depreciated” carbon credit market, and instead the continent should strive to become the global centre for high-value, high-integrity carbon credits, according to a new report from the Africa Finance Corporation (AFC). Released at COP28 by the Nigeria-based AFC, the positioning paper warns that at a critical moment in […]

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Gabon, South Korea mull cooperation in forest, carbon credit management

Gabon President Ali Bongo Ondimba held talks Monday on the sidelines of the COP27 in Egypt, with Korea’s Special Envoy for Climate Hon Na Kyung-Won on the possibility of both countries cooperating in forest and carbon credit management, Gabo Review reports. The Gabon leader and Kyung-Won also addressed Korea’s various investment opportunities in infrastructure, among […]