The challenge for Gabon Vert is to position itself as a pioneer in one of the 21st century's major challenges: the global drive to preserve the environment and to fight global warming.
The Gabon Vert pillar is based on developing the “green oil” that Gabon ecosystem provides: 22 million hectares of forest, 1 million hectares of arable agricultural land and over 800 kilometres of coastline. Development projects are must involve sustainably developing natural resources and adhering to national ecological standards.
National Parks, forestry, ecotourism and agricultur are all elements of the main paths to implement the Gabon Vertstrategy. Diversifying sources of growth and sustainable development will be achieved through:
One of the top priorities of Gabon Emergent is sustainable forest management. Gabon has adopted an ambitious policy to reduce CO²& emissions linked to deforestation and forest degradation by 20 million tons of CO² a year, the aim being to reach 50 million tons in 2015.
The timber industry
The aim is to process timber entirely at the local level by way of a dynamic artisanal industry and to add high added value to the sector before goods are exported. The timber industry is the top private sector employer employing 28% of the active population, and furthermore carries significant potential for further growth.
The aim is to develop this sector with a view to opening up the country's natural and cultural wealth whilst improving the living conditions of the local population at the same time. Gabon aims to attract 100,000 tourists a year in the middle and top of the range segments of the industry by 2020.
In 2010, Gabon launched the National Food Security Programme over a 5 year period, which will enable the country to achieve food self-sufficiency. The sector currently employs about 35% of the population even though it contributes to just 5% of GDP. The government is aiming for a situation whereby agriculture contributes to 20% of GDP. A 236 million USD contract was signed in 2010 with the Singapore multinational Olam to develop 50,000 hectares of palm groves. The aim is eventually to develop 300,000 hectares of palm groves and to become the top producer of palm oil in Africa.