Carbon Tanzania marks World Environment Day by handing over Sh14.25Bn in carbon revenue to Tanganyika District communities
Tanzania Vice President Dr. Philip Mpango (seated, centre), in a group photo with Carbon Sector Stakeholders at the climax of the World Environment Day, yesterday June 5, 2024, in Dodoma Capital. On his right side is Tanzania Prime Minister, Kassim Majaliwa, along with other Government’s Senior Officials.
What you need to know:
Communities in eight villages in Tanganyika District participating in the Ntakata Mountains Carbon project received their eighth and ninth share of carbon revenue payments of Sh 14.25 billion for the year 2023. This brings a total share of revenues to Sh22.51 billion since the inception of the Ntakata Mountains project
The revenues are earned through a contract with a nature-based investor (Carbon Tanzania) from forest protection activities
