Assessing Carbon Credits as a Sustainable Funding Mechanism for Participatory Forest Management in Tanzania
Country: Tanzania
Lead Partner: Sokoine University of Agriculture, Tanzania
Summary: Tanzania is rich in biodiversity but faces rapid deforestation and severe poverty. Villages own 46% of forests, but resource limitations hinder effective management and deforestation continues apace. Carbon credits offer potential incentives for climate mitigation and biodiversity preservation, yet their applicability to village forests remains unproven at scale.
This project aims to collaborate closely with local communities to evaluate the feasibility of carbon credit schemes, considering costs, benefits and governance. Additionally, it will focus on capacity-building initiatives for village governments and stakeholders, empowering them to navigate carbon markets effectively. Through this approach, the project aims to harness the power of carbon markets to combat climate change, safeguard biodiversity, and alleviate poverty in Tanzania’s forested areas.
Photograph (detail): Laitche