Tanzania has approved four carbon trading projects worth over US$52.1 million (equivalent to 135.5 bn), allowing the sale of 4.2 million carbon credits on the international market under Article 6 of the Paris Agreement.
The approval is expected to earn the government more than US$4.2 million (equivalent 10.8 bn) through its mandatory eight percent share of carbon credit sales under the country's carbon trading regulations.
Minister of State in the Vice President's Office (Union and Environment), Hamad Yussuf Masauni announced that in Dar es Salaam yesterday that the credits will be traded under Article 6 of the Paris Agreement, allowing Tanzania to tap into the rapidly expanding international carbon market.
He said the approval follows a recommendation by the National Carbon Project Evaluation Committee after completing a technical review of the projects on July 27.
The projects, led by Burn Manufacturing Company Ltd, UpEnergy Group and Sayari Safi Ltd, Water Mission International Tanzania and Bridge Carbon TZ Co. Limited, focus on expanding clean cooking technologies and improving access to safe water while cutting greenhouse gas emissions.
More than 900,000 improved cookstoves, including electric stoves, will be distributed to over 600,000 households across rural and urban Tanzania, supporting the government's target of ensuring 80 percent of Tanzanians use clean cooking energy by 2034.
A nationwide clean water programme covering all 26 regions is expected to provide safe water to more than one million households, create 1,000 direct jobs, support over 100 suppliers, and generate an additional 350 jobs during implementation.
Collectively, the projects are expected to reduce between one million and two million tonnes of carbon dioxide equivalent (tCO₂e) annually, contributing to Tanzania's climate commitments and global efforts to combat climate change.
Masauni said Tanzania has significantly strengthened its carbon trading framework through the establishment of the National Carbon Monitoring Centre, which has registered 117 carbon projects as of July 2026, reflecting rising investor confidence.
He said the government is reviewing more projects in forestry, climate-smart agriculture, land restoration, waste management, biochar, transport and electric vehicle infrastructure as it seeks to position Tanzania as one of Africa's premier destinations for carbon investment.
Calling on local and foreign investors to seize emerging opportunities, Masauni said Tanzania's transparent regulatory framework and participation under Article 6 of the Paris Agreement make the country an increasingly attractive destination for carbon finance.
