Dar es Salaam. Tanzania has lost a staggering Sh1.26 trillion in potential revenue from carbon trading due to weak coordination, lack of proper guidance, and limited public sensitisation, the Controller and Auditor General (CAG) reveals in a recent audit report.
Despite the country’s active participation in global climate change mitigation efforts, the Performance Audit Report on the Management of Carbon Trade Projects paints a concerning picture of missed opportunities and underutilised potential in one of the world’s fastest-growing environmental finance markets.
