CASE OF DR CONGO
DRC sought to auction a parcel of land covering an area of 800,000 sqkm for oil exploration including allowing bids from carbon credits companies.
They enshrined REDD+ mechanisms in the implementation plan of COP27,
That countries with abundant rainforest cover can sell carbon credits to other countries whilst they at the same time they protect their national ecosystems
That entities that venture into natural resource exploitation should do so with environmental conservation on their radar
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