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REDD+ alert as deforestation hurts Tanzania’s economy
“Implementation of REDD+, which … include the role of conservation, sustainable management and enhancement of forest carbon stocks, can be an important vehicle for Tanzania and other nations.” – Achim Steiner, United Nations Environment Programme (UNEP)
by Finnigan Simbeye
- Forestry contributes to three per cent of Tanzania’s gross domestic product
- But deforestation could make the country lose US$3.5 billion from 2013 to 2033
- Experts say the country should invest in REDD+ and alternative energy sources
If authorities in Tanzania do not invest in forest conservation to prevent long-term losses resulting from deforestation, the country’s economy could suffer in the future, according to a report.
The report says that the forestry sector contributes to three per cent of Tanzania’s gross domestic product (GDP).
But it adds that the country had deforestation rate of 372,816 hectares a year between 1995 and 2010 through agricultural activities such as shifting cultivation, wildfires, illegal logging, livestock grazing and unsustainable charcoal production.
The report is based on a study by researchers from South Africa-based Centre for Environmental Economics and Policy in Africa. The study assessed the economic costs and benefits of deforestation Tanzania, taking into account how deforestation could affect the country’s GDP and general economy for the period 2013-2033.
Read thee full article: SciDevNet