Auctions For Rainforest Of Congo, Floods in Kentucky, Iran & Pakistan This article examines three critical environmental events from August 2022: the Congo rainforest conservation auction initiative, catastrophic flooding in Kentucky, and devastating floods in Iran and Pakistan that highlight global climate extremes. Congo Rainforest Conservation Auction In August 2022, the Democratic Republic of Congo launched a carbon credit auction program covering 12 million hectares of tropical rainforest. The initiative aims to generate $1.2 billion over five years for local communities while preventing deforestation. The World Bank estimates that protecting the Congo Basin could sequester 2.5 billion tons of CO2 … Continue reading Auctions For Rainforest Of Congo, Floods in kentucky, Iran & Dubai, 900 km Highway through Amazon & More – Weekly News