Democratic Republic of the Congo Registers First Clean Development Mechanism Project
Introduction
The Democratic Republic of the Congo (DRC) has achieved a significant milestone by successfully registering its first Clean Development Mechanism (CDM) project. The project, known as the Ibi Batéké Carbon Sink Plantation Project, focuses on reforestation and aims to address multiple Sustainable Development Goals (SDGs) while mitigating climate change.
Project Description
The Ibi Batéké Carbon Sink Plantation Project involves the planting of various types of acacia, eucalyptus, and pine trees in the degraded forest located in the Ibi village on Batéké Plateau. The primary objective of this tree planting initiative is to restore over 4,200 hectares of degraded land and absorb an estimated 2.4 million tons of carbon dioxide from the atmosphere over the next 30 years.
In addition to its climate change mitigation efforts, the project also aims to address other environmental challenges and promote sustainable development. A portion of the reforestation area will be dedicated to serving as a sustainable source of charcoal for urban areas. This approach will help reduce the pressure on native forests caused by deforestation. Furthermore, the project will contribute to the regeneration of patches of savannah and provide shelter for wildlife.
Benefits
The Ibi Batéké Carbon Sink Plantation Project offers numerous benefits that align with the SDGs. Firstly, it will improve the livelihoods of members in the surrounding communities by creating job opportunities and providing access to health and education services. Secondly, the project will contribute to SDG 13 (Climate Action) by mitigating climate change through carbon sequestration. Lastly, it will support SDG 15 (Life on Land) by promoting the restoration of degraded land and protecting biodiversity.
Partnerships and Financing
The project developer, NOVACEL, has signed an emission reduction purchase agreement with the World Bank’s BioCarbon Fund. Under this agreement, the World Bank will purchase 500,000 certified emission reductions (CERs) generated by the project by 2017. Additionally, private sector firms such as the French company ORBEO will also purchase CERs from the project.
The revenue generated from the sale of carbon credits will be reinvested in reforestation efforts and local development activities. This approach ensures the sustainability of the project and maximizes its positive impact on the local communities and environment.
For more information, please refer to the World Bank Press Release.
SDGs, Targets, and Indicators
SDGs | Targets | Indicators |
---|---|---|
SDG 13: Climate Action | Target 13.1: Strengthen resilience and adaptive capacity to climate-related hazards and natural disasters | Indicator not mentioned in the article |
Target 13.2: Integrate climate change measures into national policies, strategies, and planning | Indicator not mentioned in the article | |
Target 13.3: Improve education, awareness-raising, and human and institutional capacity on climate change mitigation, adaptation, impact reduction, and early warning | Indicator not mentioned in the article | |
Target 13.a: Implement the commitment undertaken by developed-country parties to the United Nations Framework Convention on Climate Change to a goal of mobilizing jointly $100 billion annually by 2020 from all sources to address the needs of developing countries in the context of meaningful mitigation actions and transparency on implementation and fully operationalize the Green Climate Fund through its capitalization as soon as possible | Indicator not mentioned in the article | |
Target 13.b: Promote mechanisms for raising capacity for effective climate change-related planning and management in least developed countries and small island developing States, including focusing on women, youth, and local and marginalized communities | Indicator not mentioned in the article | |
SDG 15: Life on Land | Target 15.1: By 2020, ensure the conservation, restoration, and sustainable use of terrestrial and inland freshwater ecosystems and their services, in particular forests, wetlands, mountains, and drylands, in line with obligations under international agreements | Indicator not mentioned in the article |
Target 15.2: By 2020, promote the implementation of sustainable management of all types of forests, halt deforestation, restore degraded forests, and substantially increase afforestation and reforestation globally | Indicator not mentioned in the article | |
Target 15.5: Take urgent and significant action to reduce the degradation of natural habitats, halt the loss of biodiversity, and, by 2020, protect and prevent the extinction of threatened species | Indicator not mentioned in the article | |
Target 15.9: By 2020, integrate ecosystem and biodiversity values into national and local planning, development processes, poverty reduction strategies, and accounts | Indicator not mentioned in the article | |
Target 15.a: Mobilize and significantly increase financial resources from all sources to conserve and sustainably use biodiversity and ecosystems | Indicator not mentioned in the article | |
Target 15.b: Mobilize significantly resources from all sources and at all levels to finance sustainable forest management and provide adequate incentives to developing countries to advance such management, including for conservation and reforestation | Indicator not mentioned in the article |
Behold! This splendid article springs forth from the wellspring of knowledge, shaped by a wondrous proprietary AI technology that delved into a vast ocean of data, illuminating the path towards the Sustainable Development Goals. Remember that all rights are reserved by SDG Investors LLC, empowering us to champion progress together.
Source: sdg.iisd.org
Join us, as fellow seekers of change, on a transformative journey at https://sdgtalks.ai/welcome, where you can become a member and actively contribute to shaping a brighter future.