From the Congo Basin: Market-driven solutions that preserve forests, tackle climate change and empower indigenous communities

In this 30 minute webinar, the latest in the From the Forest Frontlines series, hear from project members and community leaders at the Wildlife Works Mai Ndombe REDD+ project in the Democratic Republic of the Congo.

The Congo Basin is home to the world’s second-largest tropical rainforest and the largest carbon sink. The preservation of this forest is critical to mitigating climate change, as well as maintaining biodiversity and the livelihoods of 80 million people.

The Wildlife Works Mai Ndombe REDD+ project protects 300,000 hectares of rainforest and wetlands by addressing the drivers of deforestation and biodiversity loss while improving the well-being of local communities – is achieved through the sale of verified emission reductions credits that are traded on the voluntary carbon market. An average annual reduction of 3.5m tonnes of CO2 equivalent now being achieved. The carbon financing that's generated covers project costs and goes to the community, which funds activities including building schools and medical clinics based on their needs. 

The emission reductions are verified by Verra’s Verified Carbon Standard (VCS) and major socio-economic co-benefits by the Climate, Community and Biodiversity (CCB) standard.

Over the past decade, agroforestry nurseries and sustainable farming crops and techniques have been introduced to relieve deforestation pressure on the local community. The project has so far built 10 schools – a total of 28 have been committed to – that are educating over 5,000 students. A new mobile medical clinic has treated thousands of patients who previously had little or no access to health care.

The project is an example of how private-sector investments and the voluntary carbon markets can support and finance community-led forest and biodiversity conservation, while helping companies meet their Sustainable Development Goal and net-zero pledges.

Welcome from: The Honourable Benjamin Toirambe Bamoning, secretary-general for environment and sustainable development, Government of Democratic Republic of the Congo

Panellists:

• Prof Jean-Robert Bwangoy Bankanza Bolambee, DRC country director, Wildlife Works
• Mme Chief Basabo Bolombala
• M Chief Bola Bakali Ba Wema
• M Engokulu Wanza, president of Grand LDC Lokanga
• M Erasme Mboba, teacher at school funded by the Mai Ndombe project
• Dr Bosenge Nswele, medical practitioner
• Mme Anne Bokutu Bolekoka, community representative

Host: Ian Welsh, Innovation Forum