Multinationals reaping big from abusive forestry practices in DRC
Multinational companies are profiting hand over fist from abusive forestry practices in the Democratic Republic of Congo, where illegal logging, mislabelled timber and false permits are widespread, according to several non-governmental organisations.
(Reuters) - An Australian carbon services firm has signed a deal aimed at protecting tropical forests in the Democratic Republic of Congo as well as boosting renewable energy there, a senior company official said on Wednesday.
Shift2Neutral and its partners would help value the carbon storage from forest and land protection, certify carbon related services to communities in the DRC and help sell certified carbon offsets.
