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Forbes contributors publish independent expert analyses and insights. There has been controversy surrounding the forest carbon credit market. Some project developers have been seen as cheating the system by overreporting the amount of carbon sequestered, which allowed them to earn greater revenue from carbon credit sales. We take for granted that nations have to destroy their forests to develop, but carbon credits offer another way. Countries need money to build energy infrastructure, roads an ...Read More >
The total cost of the second phase of the project is estimated at $83.3 million, with the Tanzanian government contributing $8.33 million in counterpart funding. The African Development Bank (AfDB) has approved a $75 million loan to Tanzania for the second phase of the Centre of Excellence for Skills and Tertiary Education in Biomedical Sciences project, aimed at tackling the growing burden of cardiovascular disease in the country and the broader East African region. The total cost of the seco ...Read More >
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