Please note: you are viewing an old version of this deal. The current version can be found here: Deal #9769

Deal #9769 Version #88836

Congo, Rep.

Created at

2022-12-15

Last update

2022-12-15

Last full update

2024-06-11

Operating Company

Operating company

Actors involved in the negotiation / admission process

Government / state institutions (government, ministries, departments, agencies etc.)

Name of investment project

"Batéké Carbon Sink" project

Comment on investment chain

TotalEnergies (previously known as Total). TotalEnergies’ partner in its Batéké Plateaux offset is the French timber consultancy Forêt Ressources Management (FRM), which provides technical support and guidance to logging and agriculture companies working in the Congo Basin. While FRM will supervise the project, the entity that holds the lease is called Forest Neutral Congo (FNC). The estimated cost of $230m over the life of the project – includes agroforestry practices developed with local communities for agricultural production and sustainable wood energy.

Network of parent companies and tertiary investors/lenders

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