Tanzania to benefit from carbon harvesting project

The country has more than 30 million hectares of forests.

Yves Hausser, head of operations from a Swiss-NGO-Association for Development of Protected Areas (ADAP) made the statement in Dar es Salaam yesterday when addressing a news conference on the forthcoming international conference aimed to create awareness on that project.

She said the international conference’s theme is: Building an Impact Economy on Nature-Based Solutions, to be held in Dar es Salaam, Tanzania.

According to her, the project will benefit Tanzanian’s citizens through natural resources, including forests, land, and renewable energy sources that can be harnessed to combat climate change through locally tailored climate finance and carbon trading mechanisms

“Our international conference serves as a showcase of Tanzania’s dedication to formulating ecologically balanced solutions that ensure local economic resilience in the face of global climate change and biodiversity challenges,” she said.

He said: “The event will convene industry leaders and policy makers from Tanzania, across Africa, and the world to strategize cooperative measures aimed at unlocking and advancing sustainable development opportunities in this vital sector.”

Yves said, Africa is impacted by climate change but there are some countries like Tanzania, that protect the climate through natural resources as it has forest reserves including mangrove found on the Indian ocean coastline.

The project area that can benefit at least can have 1,000 kilometers of forest, but if you have one or three trees you can't be benefited. An example of a good area for the project is Usambara Mountains are good at storing a lot of carbons," said Yves.

“Cost of certification of the project is about $100 to $150and not all forests restore the carbon. The best area is in mangroves because of storing more carbon,” he added.

Cosmas Tungaraza, operations manager Africa Carbon Agency, said that the conference will gather more than 200 participants from inside and outside the country, among them are international investors from South Korea, Netherlands, Switzerland, Austria, the United States and the United Arab Emirates.

The event will host a dynamic series of panel discussions, workshops, and dialogues, addressing the most pertinent topics related to the economic framework of the carbon economy.

A ribbon-cutting ceremony will mark the official launch of major climate finance agreements currently in development, spanning renewable energy, forestry, marine carbon projects, clean transportation, and digital climate technology.

Tungaraza noted that the conference will provide a platform for policy makers, industry leaders, and engaged citizens a unique opportunity to establish networks for learning and collaboration within the ever-evolving green economy.