The Vital Role of Peatlands in Climate Preservation

The peatlands of Africa's Congo Basin are a vast expanse of swamp and greenery that act as one of the world's most effective carbon sinks -- and they're under threat of environmental destruction. Economist Vera Songwe explains how putting a price on the carbon stored in the peatlands would not only help protect this vital resource but also recognize and reward the African communities that have contributed little to climate change. "This is not just about decarbonization," Songwe says. "This is also about development with dignity."

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