Nature-Based Solutions
valorization of ecosystem services
Gabon's vision is a new development path where it capitalizes on its Natural Assets in a sustainable way to reach both its economic growth and its commitments aligned with the Climate and Biodiversity goals.
The world is facing interlinked climate and nature crises. If we want to save the planet, we cannot afford to lose the Congo Basin – the world’s largest carbon sink (0.61 billion TCO2e net-absorbed each year and 30 billion TCO2e stored) and a global refuge for biodiversity. Financing and scaling nature-positive solutions in the Congo Bassin is essential to reaching both climate and biodiversity goals.
With nearly 90% of its territory covered in rainforest, Gabon is a rare intact wilderness and the most carbon positive country in the world ( 2nd largest forest area of the Congo Basin, +100 million TCO2 Net sequestration every year, 4-13 GtCO2 estimated carbon stock). Gabon is a country with high forest cover and low deforestation (also known as HFLD).
By mobilizing finance, we aim to simultaneously protect our forests and scale nature-based solutions, while delivering inclusive green growth for the Gabonese people.
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Sovereign Carbon Credit Market
Through the launch of its sovereign carbon credits, Gabon is pioneering a green growth model that connects carbon markets to nature-based solutions that deliver for both people and planet. The new model puts people at the heart of decarbonised green growth and forges a path forward that other African and rainforest nations can embrace.
For 50 years, Gabon has kept deforestation well below 0.1%. And in 1992, Gabon made its first commitment to protecting its forests, going on to create a network of national parks that now cover 13% of the land of Gabon. Through sovereign carbon credits, Gabon offers a real and ready tool to mobilise capital toward mitigating climate change and protecting nature, while also accelerating green economic development in Gabon.
Carbon markets have a key role to play in scaling nature-based solutions, but the current voluntary carbon market must evolve to meet the global need for impactful action. In 2021 only 344 million metric tons (1% percent of total global emissions) of voluntary carbon offsets were issued (BloombergNEF), compared to the almost 40 billion tons emitted. To bring speed and scale, we need to harness the power of sovereign carbon credits.
Through in-depth valuation with REDD+, Gabon’s sovereign carbon credits offer a new level of quality, integrity, equity and transparency not seen before. Our credits are biodiversity positive, provide wider ecosystem benefits, and include co-benefits, such as maintaining the rainfall in the Sahel, which protects 10s of millions of people from becoming climate refugees. And unlike other models, there is no carbon leakage.
As an emergent nature-positive, carbon-negative green superpower, Gabon’s carbon credits can help shape a new path. Following the first tranche of 90 million carbon credits (the largest issuance ever), Gabon’s forests will continue to generate 50 million carbon credits annually with each credit supporting green and sustainable development. Funds will be reinvested into the forest (10%); in health, education, and climate infrastructure (25%); in future generations (25%); debt service (25%); and rural development (15%).
Our approach combines environmental stewardship and economic development. The Gabonese government is diversifying from a primarily oil-driven economy to an economy that optimises our natural capital assets, develops local value chains, and drives investments. By creating funding mechanisms - such as sovereign carbon credits - that recognise and reward critical investments in conserving our forests, we can catalyse sustainable development and provide a new model for rainforest nations.
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Africa which contributes only 3% of global greenhouse gases is home to 25% of the world’s biodiversity. It is critical that countries such as Gabon have access to finance that puts a fair price on nature to support a green transformation across the continent. It’s time to move from billion-dollar commitments to real impact on the ground.
Only about 133 billion dollars are channeled into nature-based solutions, and investments must triple by 2030 to meet the climate and the nature targets (UNEP, 2022). This is a moment of truth – a challenge to richer nations and global business to test the veracity of their climate commitments and their support for protecting our forests.
The Green Growth Model
The Green Growth Model
The Green Growth Model
Through the launch of its sovereign carbon credits, Gabon is pioneering a green growth model that connects carbon markets to nature-based solutions that deliver for both people and planet. The new model puts people at the heart of decarbonised green growth and forges a path forward that other African and rainforest nations can embrace.
For 50 years, Gabon has kept deforestation well below 0.1%. And in 1992, Gabon made its first commitment to protecting its forests, going on to create a network of national parks that now cover 13% of the land of Gabon. Through sovereign carbon credits, Gabon offers a real and ready tool to mobilise capital toward mitigating climate change and protecting nature, while also accelerating green economic development in Gabon.
Harnessing the Power of Nature
Harnessing the Power of Nature
Harnessing the Power of Nature
Carbon markets have a key role to play in scaling nature-based solutions, but the current voluntary carbon market must evolve to meet the global need for impactful action. In 2021 only 344 million metric tons (1% percent of total global emissions) of voluntary carbon offsets were issued (BloombergNEF), compared to the almost 40 billion tons emitted. To bring speed and scale, we need to harness the power of sovereign carbon credits.
Through in-depth valuation with REDD+, Gabon’s sovereign carbon credits offer a new level of quality, integrity, equity and transparency not seen before. Our credits are biodiversity positive, provide wider ecosystem benefits, and include co-benefits, such as maintaining the rainfall in the Sahel, which protects 10s of millions of people from becoming climate refugees. And unlike other models, there is no carbon leakage.
A New Sustainable Path
A New Sustainable Path
A New Sustainable Path
As an emergent nature-positive, carbon-negative green superpower, Gabon’s carbon credits can help shape a new path. Following the first tranche of 90 million carbon credits (the largest issuance ever), Gabon’s forests will continue to generate 50 million carbon credits annually with each credit supporting green and sustainable development. Funds will be reinvested into the forest (10%); in health, education, and climate infrastructure (25%); in future generations (25%); debt service (25%); and rural development (15%).
Our approach combines environmental stewardship and economic development. The Gabonese government is diversifying from a primarily oil-driven economy to an economy that optimises our natural capital assets, develops local value chains, and drives investments. By creating funding mechanisms - such as sovereign carbon credits - that recognise and reward critical investments in conserving our forests, we can catalyse sustainable development and provide a new model for rainforest nations.
The Moment of Truth
The Moment of Truth
The Moment of Truth
Africa which contributes only 3% of global greenhouse gases is home to 25% of the world’s biodiversity. It is critical that countries such as Gabon have access to finance that puts a fair price on nature to support a green transformation across the continent. It’s time to move from billion-dollar commitments to real impact on the ground.
Only about 133 billion dollars are channeled into nature-based solutions, and investments must triple by 2030 to meet the climate and the nature targets (UNEP, 2022). This is a moment of truth – a challenge to richer nations and global business to test the veracity of their climate commitments and their support for protecting our forests.
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FGIS announces the IPO of its subsidiary SCG-Ré on the Central African Stock Exchange (BVMAC)
FGIS announces the IPO of its subsidiary SCG-Ré on the Central African Stock Exchange (BVMAC)
FGIS announces the IPO of its subsidiary SCG-Ré on the Central African Stock Exchange (BVMAC)
FGIS announces the IPO of its subsidiary SCG-Ré on the Central African Stock Exchange (BVMAC)
