carbon trading

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An aerial photo of Mazumbai Forest Reserve on of the prominent old natural forest in Tanzania Mature forests have a key role to play in the fight against climate change—extracting carbon dioxide (CO2) from the atmosphere and locking it into new wood, a new study reveals. Researchers discovered that older trees responded to increased atmospheric...
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Tanzania is experiencing a boost in the production and sale of carbon offsets, which is becoming a lucrative business in the country. The government has attracted over 20 companies that are set to invest over $20 billion (Sh46.9 trillion) in carbon trading. This development is expected to provide major benefits to the environment, local communities,...
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Summary Apart from protecting nature and the environment and addressing the challenge of climate change, the project will also generate financial and economic benefits for the local communities by selling carbon credits on the international voluntary carbon market. Dar es Salaam. Tanzania yesterday started a journey aimed at reaping financial benefits from the carbon credit...
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