Bantu Gazette
  • Black Frame Studio
  • Magazine
No Result
View All Result
Bantu Gazette
  • Black Frame Studio
  • Magazine
No Result
View All Result
Bantu Gazette
No Result
View All Result

COMMENTARY: Gabon’s Forestry Economy at a Crossroads

Felix Tihby Felix Tih
December 26, 2024
Reading Time: 4 mins read

COMMENTARY: Gabon’s Forestry Economy at a Crossroads

Felix Tihby Felix Tih
July 16, 2025
Reading Time: 4 mins read

LIBREVILLE, Gabon (BG) – Gabon’s forestry sector is emerging as a cornerstone of the nation’s economy, contributing to employment, exports, and fiscal revenues.

Thanks to conservation and sustainable practices, according to the World Bank, Gabon’s forests have become a significant source of employment and exports in the timber industry while playing a crucial role in global climate regulation.

However, challenges in sustainable management and economic diversification persist, raising questions about the sector’s long-term trajectory in the context of global climate and biodiversity goals.

The country’s forestry sector accounted for 3.2% of GDP and 6% of exports in 2023, positioning itself as a key driver of economic activity.

Forestry has also become Gabon’s largest private employer, providing nearly 15,000 jobs. These achievements come amid a broader effort to align the sector with United Nations Sustainable Development Goals (SDGs) and biodiversity objectives, particularly SDG 15, which focuses on the sustainable use of terrestrial ecosystems.²

Gabon has implemented significant policies, including banning log exports and developing the Nkok Special Economic Zone, to boost local wood processing and enhance revenue streams.

Between 2016 and 2023, forest-related revenues quadrupled to 41.9 billion CFA francs (approximately $70 million). These measures demonstrate Gabon’s commitment to adding value locally rather than relying on raw material exports.³

Despite these advancements, the sector faces sustainability challenges. Illegal logging and inefficiencies in wood traceability systems continue to undermine Gabon’s potential for long-term conservation and economic benefits.

Fiscal reforms, such as revising forestry codes and adopting digital traceability systems, are essential to combating these issues and increasing transparency.⁴

Aligning Gabon’s forestry strategy with global initiatives, such as the Paris Agreement and the UN Biodiversity Framework, is critical.

According to the United Nations, sustainable forestry is essential for achieving climate resilience and biodiversity protection, particularly in Central Africa, where Gabon’s rainforests play a vital carbon sequestration role.⁵

As Gabon undergoes political transitions, experts stress the importance of balancing fiscal sustainability and environmental stewardship.

Strong governance, efficient public spending, and private-sector collaboration will be essential in navigating this complex economic and environmental landscape.⁶

Gabon’s forestry sector, while promising, must evolve to meet the twin demands of economic growth and conservation.

By fostering innovation and prioritizing sustainability, Gabon can position itself as a leader in Africa’s green economy and a global model for sustainable forest management.⁷

Gabon’s participation in the Forest & Climate Leaders Partnership (FCLP) at COP29 underscores its commitment to advancing forest protection and climate goals.

The High-level Event on Forest Finance at COP29⁸ in Baku, Azerbaijan, in November 2024 emphasized the need to harness climate finance to protect, conserve, and restore forests, aligning with Gabon’s efforts to implement fiscal reforms and digital traceability systems to combat illegal logging and promote sustainability.

The FCLP co-organized events facilitating global dialogue on forest and climate action, showcasing progress and collaboration, which complements Gabon’s national strategies in the forestry sector.

These developments highlight Gabon’s proactive role in global climate discussions and its dedication to implementing sustainable forestry practices in line with international climate agreements.

In October 2024, Brigadier General Maurice Ntossui Allogo, Gabonese Minister of Water and Forests, reiterated the Central African country’s commitment to protect 30% of its land, freshwater, and marine areas by 2030. By placing nature at the heart of its development, Gabon is considering national priorities and the well-being of the Gabonese people.


Footnotes

  1. Author’s comments based on the World Bank’s 2024 Gabon Economic Update.
  2. World Bank Gabon Economic Update 2024; UN Sustainable Development Goals Report 2023.
  3. World Bank Gabon Economic Update 2024.
  4. World Bank Gabon Economic Update 2024.
  5. UN Paris Agreement and UN Biodiversity Framework Report 2023.
  6. Author’s comments based on World Bank recommendations and UN development priorities.
  7. Author’s comments on findings from the World Bank report and UN policy frameworks.
  8. COP29 Congo Basin: high-level dialogue

 

Get the inside Story

Stay informed on the stories shaping Africa’s future. Get breaking news, in-depth analysis, opinions and exclusive insights from across the continent delivered to your inbox, free and unfiltered.


Related Posts

Ethiopia’s Deputy PM Urges Youth to Lead Africa’s Green Transition
Environment

Ethiopia’s Deputy PM Urges Youth to Lead Africa’s Green Transition

September 5, 2025
‘We Can’t Be Spectators Anymore, Africa Must Lead’
Environment

‘We Can’t Be Spectators Anymore, Africa Must Lead’

August 31, 2025
Ethiopia’s Green Legacy Environmental Movement Reaches New Heights
Environment

Ethiopia’s Green Legacy Environmental Movement Reaches New Heights

August 16, 2025
Nigeria Launches $500 Million Climate Finance Platform
Environment

Nigeria Launches $500 Million Climate Finance Platform

July 16, 2025
Africa’s Water Towers Under Threat as the Globe Marks World Water Day
Environment

Africa’s Water Towers Under Threat as the Globe Marks World Water Day

July 16, 2025
East Africa Launches Project to Boost Climate Resilience
Environment

East Africa Launches Project to Boost Climate Resilience

March 17, 2025

Most Recent

World Cotton Day Highlights Africa’s Push for Sustainable Trade
Energy

World Cotton Day Highlights Africa’s Push for Sustainable Trade

by Aissatou Fall
October 13, 2025
0

On World Cotton Day 2025, held at the Food and Agriculture Organization (FAO) headquarters in Rome, African cotton producers and...

Read moreDetails
Ghana Presses Global Leaders on Women’s Empowerment

Ghana Presses Global Leaders on Women’s Empowerment

October 13, 2025
Africa HealthTech Summit Pushes Policy Reform for Innovation

Africa HealthTech Summit Pushes Policy Reform for Innovation

October 13, 2025
Ethiopia Celebrates National Flag Day With Calls for Unity

Ethiopia Celebrates National Flag Day With Calls for Unity

October 13, 2025
Think Tanks Positioned as Catalysts in Africa’s Fiscal Transformation

Think Tanks Positioned as Catalysts in Africa’s Fiscal Transformation

October 13, 2025
AI Reshaping Africa’s Fiscal Systems Through Innovation

AI Reshaping Africa’s Fiscal Systems Through Innovation

October 10, 2025
Africa’s Agricultural Promise Hinges on Fulfilling Fiscal Commitments

Africa’s Agricultural Promise Hinges on Fulfilling Fiscal Commitments

October 10, 2025
World Cotton Day Highlights Africa’s Push for Sustainable Trade
Energy

World Cotton Day Highlights Africa’s Push for Sustainable Trade

by Aissatou Fall
Reading Time: 1 min read
October 13, 2025
0

On World Cotton Day 2025, held at the Food and Agriculture Organization (FAO) headquarters in Rome, African cotton producers and...

Read moreDetails
Ghana Presses Global Leaders on Women’s Empowerment
Politics & Economy

Ghana Presses Global Leaders on Women’s Empowerment

by Cynthia N. Ganchok
Reading Time: 1 min read
October 13, 2025
0

Ghanaian President John Dramani Mahama on Monday called on world leaders to reaffirm and accelerate their commitments to gender equality,...

Read moreDetails
Africa HealthTech Summit Pushes Policy Reform for Innovation
Health

Africa HealthTech Summit Pushes Policy Reform for Innovation

by Jane Mukami
Reading Time: 1 min read
October 13, 2025
0

The fourth Africa HealthTech Summit opened in Kigali on Oct. 13 with a strong call for African governments to adopt...

Read moreDetails

COMMENTARY: Gabon’s Forestry Economy at a Crossroads

LIBREVILLE, Gabon (BG) – Gabon’s forestry sector is emerging as a cornerstone of the nation’s economy, contributing to employment, exports, and fiscal revenues.

Thanks to conservation and sustainable practices, according to the World Bank, Gabon’s forests have become a significant source of employment and exports in the timber industry while playing a crucial role in global climate regulation.

However, challenges in sustainable management and economic diversification persist, raising questions about the sector’s long-term trajectory in the context of global climate and biodiversity goals.

The country’s forestry sector accounted for 3.2% of GDP and 6% of exports in 2023, positioning itself as a key driver of economic activity.

Forestry has also become Gabon’s largest private employer, providing nearly 15,000 jobs. These achievements come amid a broader effort to align the sector with United Nations Sustainable Development Goals (SDGs) and biodiversity objectives, particularly SDG 15, which focuses on the sustainable use of terrestrial ecosystems.²

Gabon has implemented significant policies, including banning log exports and developing the Nkok Special Economic Zone, to boost local wood processing and enhance revenue streams.

Between 2016 and 2023, forest-related revenues quadrupled to 41.9 billion CFA francs (approximately $70 million). These measures demonstrate Gabon’s commitment to adding value locally rather than relying on raw material exports.³

Despite these advancements, the sector faces sustainability challenges. Illegal logging and inefficiencies in wood traceability systems continue to undermine Gabon’s potential for long-term conservation and economic benefits.

Fiscal reforms, such as revising forestry codes and adopting digital traceability systems, are essential to combating these issues and increasing transparency.⁴

Aligning Gabon’s forestry strategy with global initiatives, such as the Paris Agreement and the UN Biodiversity Framework, is critical.

According to the United Nations, sustainable forestry is essential for achieving climate resilience and biodiversity protection, particularly in Central Africa, where Gabon’s rainforests play a vital carbon sequestration role.⁵

As Gabon undergoes political transitions, experts stress the importance of balancing fiscal sustainability and environmental stewardship.

Strong governance, efficient public spending, and private-sector collaboration will be essential in navigating this complex economic and environmental landscape.⁶

Gabon’s forestry sector, while promising, must evolve to meet the twin demands of economic growth and conservation.

By fostering innovation and prioritizing sustainability, Gabon can position itself as a leader in Africa’s green economy and a global model for sustainable forest management.⁷

Gabon’s participation in the Forest & Climate Leaders Partnership (FCLP) at COP29 underscores its commitment to advancing forest protection and climate goals.

The High-level Event on Forest Finance at COP29⁸ in Baku, Azerbaijan, in November 2024 emphasized the need to harness climate finance to protect, conserve, and restore forests, aligning with Gabon’s efforts to implement fiscal reforms and digital traceability systems to combat illegal logging and promote sustainability.

The FCLP co-organized events facilitating global dialogue on forest and climate action, showcasing progress and collaboration, which complements Gabon’s national strategies in the forestry sector.

These developments highlight Gabon’s proactive role in global climate discussions and its dedication to implementing sustainable forestry practices in line with international climate agreements.

In October 2024, Brigadier General Maurice Ntossui Allogo, Gabonese Minister of Water and Forests, reiterated the Central African country’s commitment to protect 30% of its land, freshwater, and marine areas by 2030. By placing nature at the heart of its development, Gabon is considering national priorities and the well-being of the Gabonese people.


Footnotes

  1. Author’s comments based on the World Bank’s 2024 Gabon Economic Update.
  2. World Bank Gabon Economic Update 2024; UN Sustainable Development Goals Report 2023.
  3. World Bank Gabon Economic Update 2024.
  4. World Bank Gabon Economic Update 2024.
  5. UN Paris Agreement and UN Biodiversity Framework Report 2023.
  6. Author’s comments based on World Bank recommendations and UN development priorities.
  7. Author’s comments on findings from the World Bank report and UN policy frameworks.
  8. COP29 Congo Basin: high-level dialogue

 

COMMENTARY: Gabon’s Forestry Economy at a Crossroads

Felix Tihby Felix Tih
December 26, 2024

LIBREVILLE, Gabon (BG) – Gabon’s forestry sector is emerging as a cornerstone of the nation’s economy, contributing to employment, exports, and fiscal revenues.

Thanks to conservation and sustainable practices, according to the World Bank, Gabon’s forests have become a significant source of employment and exports in the timber industry while playing a crucial role in global climate regulation.

However, challenges in sustainable management and economic diversification persist, raising questions about the sector’s long-term trajectory in the context of global climate and biodiversity goals.

The country’s forestry sector accounted for 3.2% of GDP and 6% of exports in 2023, positioning itself as a key driver of economic activity.

Forestry has also become Gabon’s largest private employer, providing nearly 15,000 jobs. These achievements come amid a broader effort to align the sector with United Nations Sustainable Development Goals (SDGs) and biodiversity objectives, particularly SDG 15, which focuses on the sustainable use of terrestrial ecosystems.²

Gabon has implemented significant policies, including banning log exports and developing the Nkok Special Economic Zone, to boost local wood processing and enhance revenue streams.

Between 2016 and 2023, forest-related revenues quadrupled to 41.9 billion CFA francs (approximately $70 million). These measures demonstrate Gabon’s commitment to adding value locally rather than relying on raw material exports.³

Despite these advancements, the sector faces sustainability challenges. Illegal logging and inefficiencies in wood traceability systems continue to undermine Gabon’s potential for long-term conservation and economic benefits.

Fiscal reforms, such as revising forestry codes and adopting digital traceability systems, are essential to combating these issues and increasing transparency.⁴

Aligning Gabon’s forestry strategy with global initiatives, such as the Paris Agreement and the UN Biodiversity Framework, is critical.

According to the United Nations, sustainable forestry is essential for achieving climate resilience and biodiversity protection, particularly in Central Africa, where Gabon’s rainforests play a vital carbon sequestration role.⁵

As Gabon undergoes political transitions, experts stress the importance of balancing fiscal sustainability and environmental stewardship.

Strong governance, efficient public spending, and private-sector collaboration will be essential in navigating this complex economic and environmental landscape.⁶

Gabon’s forestry sector, while promising, must evolve to meet the twin demands of economic growth and conservation.

By fostering innovation and prioritizing sustainability, Gabon can position itself as a leader in Africa’s green economy and a global model for sustainable forest management.⁷

Gabon’s participation in the Forest & Climate Leaders Partnership (FCLP) at COP29 underscores its commitment to advancing forest protection and climate goals.

The High-level Event on Forest Finance at COP29⁸ in Baku, Azerbaijan, in November 2024 emphasized the need to harness climate finance to protect, conserve, and restore forests, aligning with Gabon’s efforts to implement fiscal reforms and digital traceability systems to combat illegal logging and promote sustainability.

The FCLP co-organized events facilitating global dialogue on forest and climate action, showcasing progress and collaboration, which complements Gabon’s national strategies in the forestry sector.

These developments highlight Gabon’s proactive role in global climate discussions and its dedication to implementing sustainable forestry practices in line with international climate agreements.

In October 2024, Brigadier General Maurice Ntossui Allogo, Gabonese Minister of Water and Forests, reiterated the Central African country’s commitment to protect 30% of its land, freshwater, and marine areas by 2030. By placing nature at the heart of its development, Gabon is considering national priorities and the well-being of the Gabonese people.


Footnotes

  1. Author’s comments based on the World Bank’s 2024 Gabon Economic Update.
  2. World Bank Gabon Economic Update 2024; UN Sustainable Development Goals Report 2023.
  3. World Bank Gabon Economic Update 2024.
  4. World Bank Gabon Economic Update 2024.
  5. UN Paris Agreement and UN Biodiversity Framework Report 2023.
  6. Author’s comments based on World Bank recommendations and UN development priorities.
  7. Author’s comments on findings from the World Bank report and UN policy frameworks.
  8. COP29 Congo Basin: high-level dialogue

 

Get the inside Story

Stay informed on the stories shaping Africa’s future. Get breaking news, in-depth analysis, opinions and exclusive insights from across the continent delivered to your inbox, free and unfiltered.


Related Posts

Ethiopia’s Deputy PM Urges Youth to Lead Africa’s Green Transition

Ethiopia’s Deputy PM Urges Youth to Lead Africa’s Green Transition

by Maraki Desta
September 5, 2025
0

...

‘We Can’t Be Spectators Anymore, Africa Must Lead’

‘We Can’t Be Spectators Anymore, Africa Must Lead’

by Maraki Desta
August 21, 2025
0

...

Ethiopia’s Green Legacy Environmental Movement Reaches New Heights

Ethiopia’s Green Legacy Environmental Movement Reaches New Heights

by Jane Mukami
July 31, 2025
0

...

Nigeria Launches $500 Million Climate Finance Platform

Nigeria Launches $500 Million Climate Finance Platform

by Sandra Ndang
May 13, 2025
0

...

Africa’s Water Towers Under Threat as the Globe Marks World Water Day

Africa’s Water Towers Under Threat as the Globe Marks World Water Day

by Sandra Ndang
March 22, 2025
0

...

East Africa Launches Project to Boost Climate Resilience

East Africa Launches Project to Boost Climate Resilience

by Bantu Gazette
March 17, 2025
0

...

World Cotton Day Highlights Africa’s Push for Sustainable Trade
Energy

World Cotton Day Highlights Africa’s Push for Sustainable Trade

by Aissatou Fall
Reading Time: 1 min read
October 13, 2025
0

On World Cotton Day 2025, held at the Food and Agriculture Organization (FAO) headquarters in Rome, African cotton producers and...

Read moreDetails
Ghana Presses Global Leaders on Women’s Empowerment

Ghana Presses Global Leaders on Women’s Empowerment

by Cynthia N. Ganchok
October 13, 2025
0

Ghanaian President John Dramani Mahama on Monday called on world leaders to reaffirm and accelerate their commitments to gender equality,...

Africa HealthTech Summit Pushes Policy Reform for Innovation

Africa HealthTech Summit Pushes Policy Reform for Innovation

by Jane Mukami
October 13, 2025
0

The fourth Africa HealthTech Summit opened in Kigali on Oct. 13 with a strong call for African governments to adopt...

Ethiopia Celebrates National Flag Day With Calls for Unity

Ethiopia Celebrates National Flag Day With Calls for Unity

by Maraki Desta
October 13, 2025
0

Ethiopians at home and in the diaspora marked the 18th National Flag Day on Monday, Oct. 13, with nationwide flag-raising...

Think Tanks Positioned as Catalysts in Africa’s Fiscal Transformation

Think Tanks Positioned as Catalysts in Africa’s Fiscal Transformation

by Felix Tih
October 10, 2025
0

As the 11th Africa Think Tank Summit wrapped up on Friday, leaders called on think tanks to drive forward reforms...

Next Post

Botswana’s Road Safety Reforms Show Progress in Reducing Accidents, Saving Lives

Mozambique Urged to Prioritize Stability for Energy Potential, Economic Growth

Senegal to Integrate AI into Education Curricula, Boost Science and Technology Engagement

Ivory Coast Boosts Energy Sector with Major Offshore Project Launch

The editorial platform of Bantu Agency.

The editorial platform of Bantu Agency.

Our Platforms

  • Bantu Magazine
  • Bantu Brief
  • Black Frame Studio

Our Services

  • Bantu Agency
  • Advertise
  • Partnerships

Our Services

  • Editorial Director
  • Opportunities
  • Contact

The editorial platform of Bantu Agency.

Our Platforms

  • Bantu Magazine
  • Bantu Brief
  • Black Frame Studio

Our Services

  • Bantu Agency
  • Advertise
  • Partnerships

Our Services

  • Editorial Director
  • Opportunities
  • Contact
  • Energy
  • Finance
  • Health
  • Politics & Economy
  • Technology
  • Environment
  • Culture
  • Magazine

© 2025 Bantu Gazette All rights reserved