5 Building Blocks de Solution:
Ntakata Mountains Project – A natural climate solution financed by the voluntary carbon market that benefits both people and biodiversity.PATHFINDER AWARD 2021 WINNER

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Accessing the voluntary carbon market.

Publicado: 16 Septiembre 2021
Última edición: 16 Septiembre 2021

Access to the voluntary carbon market provides unconditional finance allowing the communities to earn revenue from the protection of their natural resources. Earned revenue results in increased ownership over the project and empowers forest communities to determine how that revenue will best be spent to improve forest protection activities and enhance community development in a way the serves the entire community. 

Carbon Tanzania is the project developer who connects the forest communities to the international voluntary carbon market by sourcing clients, organizing verification and registering the certified carbon credits on the respective environmental registries.

Clasificaciones

Category
Financiamiento sustentable
Scale of implementation
Global
Phase of solution
Implementación
Monitoreo

Enabling factors

For carbon credits to be sold on the international voluntary carbon market they must first be verified by an international third-party certification standard. The Ntakata Mountains project is certified by VERRA’s VCS and CCBA standard.

Access to market must also be established. Carbon Tanzania has an established network within the voluntary carbon market enabling the sale of the certified carbon credits.

Lessons learned

Clients purchasing carbon credits need to have genuine carbon reduction strategies to uphold the legitimacy of the project generating the certified carbon credits.

Most clients will also have their own certification and CSR requirements that can determine which certification standard they need their credits to be verified by.

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