Rainforest nations seek easier access to UN carbon credit scheme

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Countries that are home to rainforest and peatland vital to limiting climate change want easier access to sovereign carbon credits, a financial scheme to reward them for preserving their ecosystems, Congo Republic's environment minister told Reuters.

Slightly bigger than Italy, Congo Republic shares with the much bigger and much more populated Democratic Republic of Congo the world's largest tropical peatlands and Africa's largest rainforest that absorb planet-warming carbon dioxide.

Arlette Soudan-Nonault, the Congo Republic's minister, said in an interview access to the sovereign carbon market could help to grow the country's GDP by up to 40% and fund the energy transition and sustainable job-creation.

 

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