The Government of Zimbabwe and Blue Carbon, a decarbonization company based in Dubai, have signed a Memorandum of Understanding (MoU) to work together on carbon projects and environmentally conscious initiatives in Zimbabwe. The collaboration will cover approximately 7.5 million hectares of land and will focus on Agriculture, Forestry, and Other Land Use (AFOLU) projects regulated under Article 6.2 of the Paris Agreement.
The partnership between Blue Carbon and the Zimbabwean authorities aims to tackle climate change, limit global warming, and reduce harmful emissions. The MoU demonstrates the commitment of both parties to drive substantial changes for a greener and more sustainable future. Together, they will implement projects that not only reduce carbon emissions but also contribute to the preservation and rehabilitation of Zimbabwe’s natural resources.
One of the key aspects of this collaboration is the creation of Community Welfare Programs. These programs will use the funds acquired from carbon credits to support social initiatives such as healthcare, education, skill development, and the establishment of small-scale industries. The goal is to improve the overall quality of life for the local communities living in the project locations.
Josiane Sadaka, the CEO of Blue Carbon, has expressed enthusiasm for the partnership with Zimbabwe. She believes that through their expertise and the government’s support, an enabling environment will be created for the implementation of sustainable carbon projects in the country. This collaboration sets an example for other countries and organizations to follow in their pursuit of climate solutions while also advancing Zimbabwe’s development agenda.
In related news, the Gold Standard has temporarily paused the issuance of carbon credits from Zimbabwe. It is unclear what the reason for this pause is, but it does not affect the ongoing collaboration between the Government of Zimbabwe and Blue Carbon.
Overall, this partnership between Zimbabwe and Blue Carbon signifies a commitment to addressing climate change, reducing carbon emissions, and improving the well-being of local communities. It highlights the potential for sustainable development and sets a precedent for other countries and organizations to follow.