An article in the Tanzania ‘daily news’ quotes an agricultural academic, Dr Eliakimu Zahabu of Sokoine University of Agriculture (SUA), saying that the “costs of outsourcing carbon measurement and monitoring” for a carbon trading projects will be “very high”.
SUA has been helping people in Ethiopia to make money from carbon trading by not using their forests.
In order to earn carbon credits, a project has to determine the extent of ‘forest utilisation levels’ before the start of the project, and make sure that the forest utilisation is not transferred elsewhere (ie people actually stop chopping down trees, rather than just chopping down other trees instead).
Dr Zahabu said that carbon trading deals were “initially complicated for ordinary people to comprehend”.
Tanzania and Norway have made carbon trading deals with over $8m, under the “Reduced Emissions from Deforestation and Degradation” strategy.