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Communities benefit from carbon revenue

World 2 sources 2 countries 🔦 Under-reported 12m ago

Tanzania has established a new revenue-sharing framework for forest carbon projects, allocating 61 per cent of the earnings directly to resource owners. The initiative was highlighted at a gathering in Kigali, Rwanda, as part of the government's broader strategy to ensure that carbon trading financially benefits local communities.

Alongside empowering local populations, the policy aims to support ongoing environmental conservation efforts. The framework was detailed by the Minister of State in the Vice-President’s Office, marking a formal step by the Tanzanian government to integrate community welfare into its national carbon market operations.

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Read the full story at the source Daily News Tanzania (Dar es Salaam, Tanzania) · TZ ↗
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