{"id":84136,"date":"2023-03-15T18:31:49","date_gmt":"2023-03-15T18:31:49","guid":{"rendered":"https:\/\/www.africannewspaper.net\/2023\/03\/15\/gabon-one-forest-summit-launches-plan-to-save-rainforests-african-business\/"},"modified":"2023-03-15T18:31:57","modified_gmt":"2023-03-15T18:31:57","slug":"gabon-one-forest-summit-launches-plan-to-save-rainforests-african-business","status":"publish","type":"post","link":"https:\/\/www.africannewspaper.net\/2023\/03\/15\/gabon-one-forest-summit-launches-plan-to-save-rainforests-african-business\/","title":{"rendered":"Gabon “One Forest” summit launches plan to save rainforests – African Business"},"content":{"rendered":"
Nestled into the large Congo Basin rainforest,\u00a0Gabon\u00a0is without doubt one of the most carbon-positive nations on the earth with greater than 88% of its landmass coated in tropical rainforest.<\/p>\n
It has been hailed in Africa and internationally as a rustic that has carried out among the most-forward considering and efficient local weather insurance policies.<\/p>\n
Politicians and enterprise leaders gathered within the capital Libreville in early March for a two-day \u201cOne Forest\u201d summit<\/a>, taking a look at classes\u00a0Gabon\u00a0can educate the remainder of the world on forest administration. The summit was hosted by President Ali Bongo Ondimba of Gabon and attended by a number of different Central African heads of state, in addition to President Emmanuel Macron of France.<\/p>\n President Macron gave the keynote speech in a uncommon handle from a Western head of state at an Africa-focused local weather convention.<\/p>\n \u201cThe\u00a0Gabonese\u00a0rainforest captures round one third of the carbon emissions produced by France every year,\u201d he mentioned. \u201cWithin the final 30 years, 220 million hectares of rainforest has disappeared \u2013 the equal of the Congo Basin rainforest. The target of this One Forest summit is to mobilise efforts to save lots of these valuable rainforests\u201d.<\/p>\n The French president paid tribute to\u00a0Gabon\u2019s management in defending the large rainforest. He mentioned {that a} key strategy to protect it was to seek out an financial exercise that provides worth to the forest with out reducing down the bushes.\u00a0<\/p>\n Gabon\u00a0is an efficient instance, he mentioned, because it has managed to arrange a thriving timber trade with out laying waste to the valuable pure useful resource. In 2010, Gabon carried out a complete ban on the export of uncooked timber in an effort to encourage native and worldwide firms to arrange wood-processing companies.<\/p>\n At across the identical time, it arrange the\u00a0Gabon\u00a0Particular Financial Zone (GSEZ) on the outskirts of Libreville to draw international direct funding (FDI) into the sector. Greater than 150 firms are actually current within the zone making the whole lot from plywood to veneer and high-end furnishings.<\/p>\n The vary of firms has had a marked knock-on impact on the remainder of the timber worth chain. All of the timber that comes into the zone, which processes round a 3rd of the nation\u2019s wooden, should come from designated logging websites in\u00a0Gabon\u2019s forest, which is strictly managed.<\/p>\nProfitable conservation \u00a0<\/strong><\/h2>\n