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Government of Tanzania

Climate love

Tanzania signs one of the biggest EAC land based carbon credit projects

Tanzania has signed a deal for one of East Africa's biggest land-based carbon credit projects. The project covers six national parks, spanning 1.8 million hectares. Tanzania, which has forest resources of nearly 48 million hectares, has emerged as one of the leading African players in the global carbon credit trade. The announcement comes as world leaders are meeting in Dubai for the COP28 summit aimed at finding ways to tackle climate change. Carbon credit projects involve polluting companies promising to pay other organisations to reduce their emissions of greenhouse gases, or to remove them from the atmosphere.The new deal is an alliance between Tanzania's national park management agency, Tanapa, and Carbon Tanzania, a locally based company. Some of the revenue from the sale of carbon credits will go to Tanapa and local communities, Carbon Tanzania said on Thursday. Aside from facilitating the trade in carbon credits, the project will also "focus on the protection, conservation, and enhanced management of these national park areas, safeguarding their natural ecosystems and vital wildlife resources", the company added. The six national parks designated for the project are Burigi-Chato, Katavi Plains, Ugalla River, Mkomazi, Gombe Stream and Mahale Mountains. The project will receive additional funding from Mohammed Enterprises Tanzania Limited, an agricultural and manufacturing company owned by prominent Tanzanian businessman Mohammed Dewji. In February, Tanzania entered a preliminary agreement for an even far bigger carbon credit deal, covering 8.1 million hectares, nearly 8% of Tanzania's total land mass. February's agreement was entered with Blue Carbon, a UAE company that says it provides nature-based solutions and carbon removal projects using modern approaches. In recent years, there has been an increase in carbon-offsetting companies taking control of land in sub-Saharan Africa for multi-year carbon-credit projects, which some critics say is a form of neo-colonialism. https://www.bbc.com/news/world-africa-67565784?xtor=AL-72-%5Bpartner%5D-%5Bbbc.news.twitter%5D-%5Bheadline%5D-%5Bnews%5D-%5Bbizdev%5D-%5Bisapi%5D&at_link_id=69D6E2D0-9036-11EE-A659-B5DDE03B214A&at_campaign=Social_Flow&at_medium=social&at_link_origin=BBCWorld&at_campaign_type=owned&at_bbc_team=editorial&at_ptr_name=twitter&at_format=link&at_link_type=web_link

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  • winnie nguru

    19 w

    Love to see African countries own up their environment and make decisions that protect it

    3
    • We Don't Have Time

      19 w

      Dear Kevin Your climate love has received over 50 agrees! We have reached out to Government of Tanzania by email and requested a response. I will keep you updated on any progress! To reach more people and increase the chance of a response, click the Share button above to share the review on your social accounts. For every new member that joins We Don't Have Time from your network, we will plant a tree and attribute it to you! /Adam, We Don't Have Time

      1
      • George Kariuki

        20 w

        The inclusion of local communities in revenue-sharing from the sale of carbon credits adds a positive dimension, ensuring that the benefits of environmental initiatives are distributed widely.

        2
        • walter lungayi

          20 w

          This is a significant step for Tanzania in addressing climate change and promoting sustainable development.

          3
          • Princess

            20 w

            @walter_lungayi Such actions contribute positively to the global effort to combat environmental challenges.

            2
            • Jane Wangui

              20 w

              @walter_lungayi now we can locate Tanzania in the African map in the fight against climate injustice.

              1
            • Rotich Kim

              20 w

              The deal is good and better for the sustainable of our climate we need to get more information for this to be more effective

              3
              • CHRIS NGATIA

                20 w

                Great initiative

                3
                • Gabriel Nyambu

                  20 w

                  Tanzania's participation in a major land-based carbon credit project reflects a positive step towards addressing climate change and fostering sustainable development in the East African region.

                  8
                  • Princess

                    20 w

                    @gabriel_nyambu Such initiatives play a vital role in mitigating carbon emissions and fostering environmental stewardship.

                    2
                  • Princess

                    20 w

                    Positive initiatives like these pave the way for a greener and more resilient future.

                    9
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