Carbon Tanzania reveals impressive social impact and environmental success in 2023
What you need to know:
$6.9 million revenue for Tanzanian forest communities through carbon market participation - an increase of over 50% from 2022
690,500 hectares of forest protected - double the size of Luxembourg
899,825 tons of CO2 reduced from Carbon Tanzania’s forest protection projects - equivalent of taking almost 200,000 cars off the road for a year
By using a new social value tool in the Yaeda Valley project to understand how people experience the impact of carbon revenue, a Social Return on Investment of $25 for every $1 invested was measured.