Dodoma. A company based in Dubai in the United Arab Emirates, Blue Carbon and the Tanzania Forest Services Agency have signed a Memorandum of Understanding (MoU) that marks the start of a collaboration in the promotion of sustainable forest management practices and reducing greenhouse gas emissions in Tanzania.
The signing took place during the visit of Blue Carbon team to Tanzania.
During the visit, the Blue Carbon founder and chairman who doubles as a member of the Dubai Royal Family, Sheikh Ahmed Dalmook Al Maktoum, also met with President Samia Suluhu Hassan.
Under the partnership, the two parties commit to supporting the government’s efforts to conserve, manage and register its forest resources of eight million hectares in the first phase including 56,000 hectares of mangroves.
The credits will then be sold under Article 6 of the Paris Agreement, Blue Carbon said in a statement yesterday. This will strengthen the partnership between the two countries in developing new carbon offset projects to support decarbonization targets.
“We are honoured to sign this MoU with the Government of Tanzania [through the Tanzania Forest Services Agency which is under the Ministry of Natural Resources and Tourism],” said Sheikh Ahmed Dalmook Al Maktoum.
The partnership will also provide opportunities for local communities to participate in carbon offset projects, thereby promoting sustainable economic growth and improving livelihoods.
“The signing of the MoU is a clear demonstration of Blue Carbon’s commitment to promoting nature-based solutions to mitigate and adapt to the impacts of climate change as well as demonstration the company’s efforts to transit to low carbon development,” the statement reads.
Established under the vision of Sheikh Ahmed Dalmook Al Maktoum, Blue Carbon was formed to create environmental assets, nature-based solutions and register carbon removal projects under Article 6 of the Paris Agreement. Blue Carbon serves as an enabler of blue and green economy operational frameworks, which deploys nature-based solutions in the context of de-carbonization using the latest technology and green economy principles.
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Tanzania: Exim to Raise Fund for Mental Health Facilities Upgrades
EXIM Bank to raise 300m/- over the next three years for financing essential services and infrastructure upgrades in mental health facilities.
The bank’s Head of Marketing and Communications Stanley Kafu unveiled this when introducing Exim Bima Festival 2024 as a platform for bringing together individuals, organisations and various sectors for raising the funds.
“Exim’s initiative aligns with the government’s broader goals to ensure that every citizen has access to quality healthcare, including mental health services,” he said.
The initiative, which is one of the events for celebrating the bank’s 27th anniversary is scheduled for Wednesday this week in Dar es Salaam.
Mr Kafu highlights that this year’s festival is not only about raising awareness of the importance of insurance in the society but also focuses on enhancing access to mental health services and improving the overall well-being of the nation.
Statistics from the Ministry of Health shows a staggering 82 per cent increase in mental health cases over the past decade.
Mental cases have risen from 386,358 in 2012 to 2,102,726 in 2021, making the need for mental health services more urgent than ever.
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Unfortunately, the country’s ability to address this growing challenge is hindered by a shortage of mental health professionals, infrastructure, medical equipment and essential medication.
For example, out of the 28 regions in the country, only five have facilities that provide adequate mental health services.
The most affected group is the youth aged 15 to 39, who represent the nation’s workforce, underscoring the need for intensified efforts to safeguard this generation for Tanzania’s future well-being and development.
Mr Kafu said by improving mental health services, Exim aims to contribute to the creation of a network of communities that can access care quickly and affordably.
Exim Insurance Department Manager Tike Mwakyoma said they are appreciating the support from partners in the insurance industry, who have stood by them since the last festival.
“Let’s continue this unity for the development of all Tanzanians and our nation as a whole,” the manager said.
Source: allafrica.com
