Tanzania Signs Major Carbon Credit Deal Covering National Parks
4 dic 2023 ·
1 min. 2 sec.
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Descrizione
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 (4.4 million acres). Tanzania, which...
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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 (4.4 million acres).
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.
It comes as world leaders are in Dubai for the COP28 summit aimed at finding ways to tackle climate change.
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.
mostra meno
The project covers six national parks, spanning 1.8 million hectares (4.4 million acres).
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.
It comes as world leaders are in Dubai for the COP28 summit aimed at finding ways to tackle climate change.
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.
Informazioni
| Autore | Africa Business Radio |
| Sito | - |
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