Approval of Four Carbon Trading Projects to Sell 4.2 Million Verified Carbon Credits
Latest Tanzania environment news · Approval of Four Carbon Trading Projects to Sell 4.2 Mi… explained · updated Aug 7, 2026 · breaking news · latest updates · explained
TLDR
- DAR ES SALAAM: TANZANIA is expected to earn more than 10bn/- from carbon trading after the government approved four projects that will sell 4.2 million verified carbon credits in the regulated international market, a.
- He said the 4.2 million verified carbon credits have a market value of more than 52.1 million US dollars, equivalent to approximately 135.5bn/-, with the government expected to receive more than two million US dollars.
- He said through amendments to the Environmental Management Act, Cap. 191, the government established the National Carbon Market Centre (NCMC), which is responsible for coordinating carbon trading activities, including.
- According to the minister, by July this year, the NCMC had registered 117 carbon trading projects, while the National Project Assessment Committee continued conducting technical assessments before advising the.
- He added that water projects in Kigoma and Dodoma regions will support efforts to improve access to safe and clean water, benefiting more than one million households and creating more than 350 jobs for Tanzanians.