Executive
The plan is designed to: (1) enable Gabon to control its GHG emissions and reduce climate risks across the country and (2) enable the reconciliation of environmental protection and sustainable economic development, in accordance with the Gabon Emergent strategy.
The plan sets the following targets:
• create a sovereign wealth fund
• reduce the volume of waste products flared during oil production by 60% by 2015
• produce a carbon budget each year for all new projects and private enterprises
• produce a national carbon budget every two years
• produce 80% of energy from clean sources by 2020