IRINGA: ABOUT 450,000 farmers in Iringa Region are expected to benefit from carbon trading opportunities under a project implemented by community-based organisation Karagwe Development and Relief Services (KADERES), aimed at increasing household incomes and supporting regional economic growth.
Iringa Regional Commissioner Kheri James said yesterday during the launch of the initiative that it would help farmers improve their livelihoods while contributing to environmental conservation.
“The project will cover Mufindi, Kilolo and Iringa district councils, providing farmers with opportunities to participate in carbon trading and potentially earn additional income from environmental conservation activities,” he said.
The RC said the partnership between the government and KADERES would help farmers make better use of available resources, add value to their agricultural activities and acquire the knowledge and skills required to participate in carbon markets.
He urged local leaders and other stakeholders to facilitate the smooth implementation of the project, cautioning against creating unnecessary obstacles for residents seeking to benefit from the initiative.
The project is also expected to connect smallholder farmers with international carbon markets, potentially enabling them to earn income from activities that support environmental protection.
Mr James said the regional government would continue working with KADERES and leaders of the respective councils to monitor implementation, educate communities and ensure the project contributes to higher incomes and improved living standards.
The initiative comes as farmers seek to diversify their income sources while contributing to environmental conservation. However, the anticipated economic benefits will depend on effective implementation, farmers’ participation and their ability to access carbon markets and receive returns from the resulting transactions.