Essay on the role of greenhouse gas emissions trading in the climate policy framework of Tanzania

At the 13th conference of parties of the United Nations Framework Convention on Climate Change (UNFCC), held in Bali 2007, the agreement was to implement a REDD 1 policy in developing countries, to replace the first commitment period of Kyoto Protocol (2008-12). The REDD policy is designed to encourage developing countries with tropical forests to undertake measures that will minimize the rate of deforestation and forest degradation in exchange for receiving tradable carbon abatement credits financed by developed countries. It is in this regard, the greenhouse gas emission trading in Tanzania is conducted under the framework the UN-REDD policy framework. The framework emphasises the involvement of the local community in the design and implementation of the REDD strategy. It also recommends that the REDD strategy needs to be pro-poor. Greenhouse emissions trading can play a major role in a cost-effective climate policy framework. In Tanzania, there are various REDD related innovations and technologies already in the country that I foresee to help increase carbon sinks, avoid reducing carbon sinks, and reduce emissions from productive activities. Some of the REDD related innovations and technologies that Tanzania can offer in the international REDD architecture are:  Afforestation and reforestation activities - this is likely to be successful as a pro-poor REDD activity, due to its multiple benefits in supplying wood for domestic consumption and acting as a source of household income. Protection of existing forests - they increases income; stimulate new enterprises through tourism; improve living standards; and create employment for the local people adjacent to it, stimulating and diversifying the local economy. Use and promotion of efficient alternative energy sources