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Tanzania Eyes USD 1 Billion Windfall From Carbon Trading, But Questions Linger…

February 20, 2024
Tanzania Digest

Tanzania’s government aims to raise a staggering USD 1 billion through carbon trading this year. Speaking in parliament on February 9, Minister of State, Office of the Vice President (Union and Environment) Hon. Selemani Jafo announced that 39 carbon projects have already been registered with the government, while 12 have received the green light to proceed. But amid the optimism, questions linger: is this a sustainable path, and will the benefits reach all corners of the country?