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.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
PNC, JPM, Citizens among final bidders in First Republic auction -sources By ReutersPNC, JPM, Citizens among final bidders in First Republic auction -sources
Read more »
Wall Street Week Ahead: Recession worries simmer beneath US stock market rally By Reuters*WALL ST. WEEK AHEAD: RECESSION WORRIES SIMMER AHEAD OF FED RATE HIKE, U.S. JOBS REPORT AND APPLE EARNINGS $DIA $SPY $QQQ 🇺🇸🇺🇸
Read more »