Congo, Democratic Republic of the

Congo, Democratic Republic of the

Introduces a carbon tax

03 Feb 2023

On 3 February 2023, the Council of Ministers approved an Ordinance Law to amend Environment Law No. 11/009 of 9 July 2011, aiming to align Congolese legislation with the Paris Climate Agreement and increase domestic revenue mobilisation. The main features include the introduction of (i) a carbon tax; (ii) creation of a Carbon Market Regulatory Authority; and (iii) implementation of a national environmental contribution.

Nature of measure:
  • Treatment and operation
Type:
  • Treatment and operation (Other)
Industry:
  • Not industry specific
Inward FDI:
No
Outward FDI:
No
Sources: