Dar es Salaam. Tanzania has only spent half of Norwegian funds on Reduced Deforestation and Land Degradation (REDD), the ambassador of Norway, Ms Ingunn Klepsvik has said.Speaking to The Citizen recently, Ms Klepsvik said despite halfway expenditure on Norwegian REDD funds, the country has performed well in terms of preparedness in absorbing REDD funds in the future.
Tanzania: Country to Benefit From U.S.$500 Million Climate Funds
Tanzania is among countries that would benefit from funds donated by Norway to finance projects that aim at reducing the effects of climate change.Reduced Emissions from Deforestation and Forest Degradation (REDD).
Landholders spiralling interest in carbon forests has resulted in CO2 Australia investing an estimated $23.3 million in rural economies during 2011 and partnering with more than 300 farming families.
Canadian Reforestation project developer Taking Root has come up with a new online tool to help its offset buyers explain and promote their offsetting commitment to their own customers.
The CO2 Responsible communications kit is designed to help businesses get full value from their decision to offset their carbon emissions and tackle climate change, and promote the benefits of Taking Root’s social reforestation project in Nicaragua.
The Community Carbon Accounting (CCA) Action Research Project was launched with the intention of elaborating approaches for engaging communities in forest carbon stock monitoring.
GEF Closes $160 Million Fund for Sustainable Forestry in Africa
Global Environment Fund, a U.S. private-equity firm with $1 billion under management, completed the closing of a $160 million fund for sustainable forestry in sub-Saharan Africa.