Carbon Finance - Global North Should Focus on Accountability

Carbon finance can break down the historically entrenched imbalances that ensure finance remains held, seemingly permanently, by those in the Global North, writes Azaria Kilimba in a guest column for allAfrica. Kilimba, who is Operations Manager for Carbon Tanzania, says carbon finance can transfer corporate capital straight to the hands of Global South citizens to incentivise forest conservation, provide greater agency and alleviate everyday financial challenges.

Carbon Tanzania is an impact-driven social enterprise that produces carbon credits that enable local people to earn revenues from the protection of their landscape and allow global businesses with credible decarbonisation strategies to invest in locally produced solutions that serve climate, communities and wildlife.

InFocus

The Masai people have been herding cattle throughout the Rift Valley for 2000 years. In the Makame project area they continue to live this traditional lifestyle in the wildlife rich dryland forests.

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