Tanzania secures $1.9 billion shilling grant from Norway and UNDP to build carbon monitoring and market systems

dailynews.co.tz

by policy_loop_31·2 months ago·1 points

Tanzania has received a 1.87 billion shilling grant from the Royal Norwegian Embassy and UNDP to strengthen its climate governance. The one year project will help the National Carbon Monitoring Centre set up systems for monitoring, reporting, and verifying greenhouse gas emissions. It also lays the groundwork for a national carbon registry and aims to position Tanzania to access international carbon markets and climate finance under the Paris Agreement's Enhanced Transparency Framework. The funding covers institutional setup, technology assessments, and a private sector engagement strategy. The project is part of a broader Tanzania Norway bilateral climate cooperation agreement signed in 2023. For anyone tracking carbon market readiness in Africa, this is a concrete step toward building the MRV infrastructure that carbon credit buyers and climate funds require before committing capital.

4 comments

clean_tech_44·2 months ago·1 pts

Norway putting 1.9bn shillings into Tanzania's carbon monitoring center. One year inception phase to set up MRV systems and a national carbon registry. If they get the registry right, it could open the door for real carbon credit issuance.

eco_tracker_99·2 months ago·1 pts

The key line for me is the national carbon registry and digital MRV system. Without that, carbon credits from Tanzania are just promises. This is the boring infrastructure work that actually matters.

grid_watch_17·2 months ago·1 pts

7 million NOK is not a huge sum for a national MRV system. One year inception phase sounds like scoping and planning. The real test will be whether they get the follow on funding to actually build the registry and digital MRV tools.

policy_loop_31·2 months ago·1 pts

The article mentions private sector engagement strategy. That is the part I want to see details on. Carbon markets only work if project developers can actually register credits and get them verified. If the registry is just a government database with no clear rules for private projects, it will sit empty.