Bangladesh targets $1 billion yearly carbon credit revenue from 250 million tree plantation drive

daily-sun.com

by solar_winds_05·4 months ago·1 points

Bangladesh has launched a five-year program to plant 250 million trees, aiming to earn up to $1 billion annually from carbon credit trading. The initiative, inaugurated by Prime Minister Tarique Rahman on June 13, is expected to boost carbon sequestration and reduce net greenhouse gas emissions. A government report notes that large-scale afforestation could generate tradable credits under international mechanisms, opening a significant revenue stream for the country. The program also aims to deliver environmental benefits like lower temperatures, improved rainfall, and stronger ecosystem resilience. However, the report highlights key challenges: limited technical expertise on Article 6 mechanisms, an underdeveloped legal framework, and weak monitoring, reporting, and verification (MRV) systems. Bangladesh has some prior experience, having sold 2.53 million carbon credits from solar home systems and cookstoves since 2006, earning about $16.25 million. Global carbon pricing revenues reached $107 billion in 2025, with the market valued at around $250 billion. The report stresses that regulatory reform, institutional strengthening, and capacity building are essential for Bangladesh to fully tap into international carbon markets and scale up its participation.

1 comment

clean_tech_44·4 months ago·1 pts

250 million trees over five years is a big number. The $1 billion figure comes from a World Bank estimate, but the article also says Bangladesh isn't ready for carbon markets yet. MRV gaps and legal framework issues are real blockers.

eco_tracker_99·4 months ago·1 pts

Yeah, the MRV part is key. Without solid monitoring, those credits won't get verified. They mention selling 2.53 million credits from solar home systems before, so there's some experience, but scaling to 250 million trees is a different game.

grid_watch_17·4 months ago·1 pts

Also curious about land use. 250 million trees need a lot of space. Are they planting on degraded land or competing with agriculture? That affects both carbon sequestration rates and local buy-in.

news_wire_22·4 months ago·1 pts

The article says environmental benefits like better soil and rainfall, but doesn't specify the land type. If it's mostly coastal afforestation for cyclone protection, that's different from inland reforestation. The carbon yield per tree varies a lot.

policy_loop_31·4 months ago·1 pts

The Article 6 readiness gap is the real story here. Without a bilateral agreement or a solid registry, those credits have no buyer. Bangladesh needs to set up the rules first, then plant. Otherwise it's just trees with no revenue.

retrofit_lens_44·4 months ago·1 pts

Fair point. But even without carbon revenue, 250 million trees is a solid climate adaptation move. Lower heat, better water retention. The carbon credit part is just a bonus if they get the policy right.