He was addressing yesterday at the Tanzania Private Sector Foundation's (TPSF) High-Level Inter-Ministerial Dialogue on Carbon Trading. According to Dr. Jafo, carbon trading would help the nation's Nationally Determined Contributions (NDCs), which aim to reduce GHG emissions by 30-35 percent by 2030. “We are committed to supporting all investors and stakeholders in carbon trading in our country,” he added. ADVERTISEMENTAccording to Ms. Masanja, Tanzania has 48 million hectares of protected forests, creating a market for carbon. In this time of swift global change, according to TPSF Executive Director Raphael Maganga, it is critical for Tanzania to take a strategic position in the carbon market.

Source: Daily Nation July 15, 2023 17:28 UTC