In 2019, Norway committed to pay $150 million to Gabon to protect its forests under the Central African Forest Initiative (CAFI). After independent verification of the country’s deforestation rates in 2016 and 2017, Gabon recently received its first $17 million payment, making it the first African country to receive a results-based payment for reducing emissions from deforestation and forest degradation (REDD+).
“I think it’s good news,” said Denis Sonwa, senior scientist for the Center for International Forestry Research (CIFOR), Cameroon. “It shows that REDD+ is technically possible, but for it to become a reality we need some sort of dynamic domestic policy.”
https://news.mongabay.com/2021/07/gabon-becomes-first-african-country-to-get-paid-for-protecting-its-forests/
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