Africa > COP28: Researchers outline huge gap between potential fossil and carbon revenues from DRC rainforest

COP28: Researchers outline huge gap between potential fossil and carbon revenues from DRC rainforest

Published 10:54 on December 10, 2023  /  Last updated at 14:14 on December 10, 2023  / /  Africa, Climate Talks, EMEA, International, Kyoto Mechanisms, Nature-based, Paris Article 6, Voluntary

The difference between potential revenues from selling off rainforest areas in the Democratic Republic of Congo to fossil fuel exploration or generating revenues from carbon sales is in the billions, according to a research paper seen by Carbon Pulse during COP28, underscoring the financial pressures forest-rich countries face when looking to protect natural assets. 
The difference between potential revenues from selling off rainforest areas in the Democratic Republic of Congo to fossil fuel exploration or generating revenues from carbon sales is in the billions, according to a research paper seen by Carbon Pulse during COP28, underscoring the financial pressures forest-rich countries face when looking to protect natural assets. 


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