The carbon market is a major hot topic in the Democratic Republic of Congo (DRC). The establishment of a regulatory framework for this market represents a significant challenge, requiring consultation between public and private players.
During the Economic Forum on the New Climate Economy (FENEC) held recently in Kinshasa, many speakers stressed the importance of financing the carbon market and setting up a consultation structure to find appropriate solutions. . Mustafa Rawji, Managing Director of Rawbank, notably insisted on the need for tax incentives to encourage economic players to invest in the carbon market.
Rawbank, as a major player, is heavily involved in the carbon credit certification process. The objective is to support customers in the certification of their carbon credit and to help them market it on the international market. According to Mustafa Rawji, the DRC authorities must take this issue to heart and create a framework that respects the standards and requirements of the international market.
The DRC has significant natural resources, including forests which play a crucial role in carbon sequestration. Carbon markets provide an opportunity for African countries to use these resources to create economic value and drive sustainable industrialization.
However, for the carbon market to develop in an equitable way, it is essential to involve all relevant actors, such as government, private companies, commercial banks and international institutions. The economic forum is an encouraging first step in this process of developing the carbon market in the DRC.
In conclusion, the financing of the carbon market in the DRC requires consultation and collaboration between public and private actors. Incentive measures and an appropriate regulatory framework are essential to encourage investment and the participation of economic players