Africa > Oil major invests in forestry firm to generate carbon credits in Gabon

Oil major invests in forestry firm to generate carbon credits in Gabon

Published 17:21 on June 15, 2022  /  Last updated at 02:28 on June 16, 2022  / Roy Manuell /  Africa, International, Nature-based, Voluntary

A European oil major and has purchased a 49% stake in a forestry management firm in Gabon to develop a sustainable forest management model that aims to generate carbon credits from reduced deforestation, conservation, and afforestation.
A European oil major and has purchased a 49% stake in a forestry management firm in Gabon to develop a sustainable forest management model that aims to generate carbon credits from reduced deforestation, conservation, and afforestation.


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