Advertisement

France pays Congo, Papua New Guinea $150 million to save forests

AFP
AFP - [email protected]
France pays Congo, Papua New Guinea $150 million to save forests
People arrive at the venue of the COP28 United Nations climate summit in Dubai on November 30, 2023. Photo: Giuseppe CACACE/AFP.

France agreed Saturday to pay Papua New Guinea $100 million and the Republic of Congo $50 million to protect their forests.

Advertisement

President Emmanuel Macron said he hoped to conclude a similar $60 million deal with DR Congo as he announced the partnerships at the UN's COP28 climate talks in Dubai.

"Nature is the best technology available to capture and store CO2," he said, adding that "we have to remunerate countries when they actively protect these forests".

The move comes a day after Brazilian President Luiz Inacio Lula da Silva appealed for the creation of a $250 billion fund to save tropical forests, which would pay 80 countries for their preservation efforts.

More

Comments

Join the conversation in our comments section below. Share your own views and experience and if you have a question or suggestion for our journalists then email us at [email protected].
Please keep comments civil, constructive and on topic – and make sure to read our terms of use before getting involved.

Please log in to leave a comment.

See Also