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Browsing: Congo Basin
- DR Congo’s mineral and forest resources together represent a twin pillar of green wealth, underground metals to fuel the energy transition and rainforests that consume billions of tons of carbon. Managing both at once could make the DRC a climate linchpin or a cautionary tale.
- The scale of Congo’s mineral discovery, estimated at $23 trillion, is too large to ignore. If well managed, the DRC’s minerals could provide a sustainable source of income that would expand its economy and power the continent.
It may be that the world’s green revolution will go through the red earth of Central Africa. Both geologists and economists are opening a wellspring of investment opportunities in the middle of the Congo Basin, where swaths of emerald-green jungle that once provided François Mitterrand with an 8-foot desk overlook soil packed with minerals. The world’s second-largest rainforest, in the Democratic Republic of the Congo (DRC), is a
- In Congo Basin, a new paradigm of sustainable forest management is taking shape—one that reconciles conservation imperatives with economic development through certification, community engagement, and ecotourism.
- While sustainable forestry lays the foundation, it is ecotourism that breathes economic life into the conservation agenda.
- By blending certified forestry, conservation, education, Indigenous empowerment, and ecotourism, a new model is offering a holistic strategy for managing forest landscapes sustainably.
Deep in the heart of Central Africa lies the Congo Basin—a sprawling, lush expanse of rainforest often referred to as the planet’s second lung after the Amazon. In the Republic of Congo, this natural wonder covers more than 60 percent of the country, acting as a carbon sink that mitigates global climate change while supporting the livelihoods of 75 million people. Yet, this ecological marvel is increasingly imperiled by deforestation, illegal logging, agricultural encroachment, and mining activities.
In response, a new paradigm of sustainable …
The demand for carbon offsets is rapidly growing in Africa, unlocking billions for the climate finance needs of economies. Kenya recently hosted a carbon credits auction. The auction is the world’s largest sale, where firms from Saudi Arabia bought more than 2.2 million tonnes of certified carbon credits.…
The carbon credits market is gaining momentum as one of the lifeline sectors in a depressed global economy. African nations have been exploring this novel market as one way to offset their bulging debts and raise loans by selling carbon credits, thereby unlocking billions for climate finance and economic development in the continent.
Climate change has had disastrous consequences especially for African countries but seemingly, nature now has the potential of providing developing nations with an economic boost.
Most African economies have been hanging on by a thread, in the wake of the myriad existential challenges that have bombarded the continent in the recent past. From climate induced natural disasters, food insecurity, political instability, civil unrest to heavy indebtedness as the aftermath of the Covid-19 pandemic and the Russian-Ukraine war.
As the deleterious effects continue to reverberate across the continent, inflation rates have gone through the roof in many nations …