The Gabonese Republic currently net absorbs just over 100 million tons of CO2 equivalent (103 million tons of CO2eq) per year. Over the last decade, we have net absorbed just over 1 billion tons of CO2eq and increased net absorptions by about 100 million tons. We have increased net absorption whilst many countries have increased net emissions.

In its second NDC, the Gabonese Republic commits unconditionally to remain carbon-neutral up to and beyond 2050. Furthermore, and subject to continued access to international markets for its wood products, access to a carbon market for its net-sequestration carbon credits in the form of ITMOs (Internationally Transferred Mitigation Outcomes) at a competitive carbon price and / or appropriate international support through non-market mechanisms, Gabon will strive to maintain its net absorption of at least 100 million tons of CO2eq per year beyond 2050. This goes well beyond the global net carbon neutrality target for 2050 commonly adopted.