Tanzania, May 18 -- Dar es Salaam. Tanzania has opened its carbon trading sector wider to citizens, companies and institutions.

Officials say 99 projects have already been registered in a fast-growing market increasingly viewed as a new source of environmental and economic value.

The development reflects a new phase in the country's participation in global carbon markets, where emissions reductions can be converted into tradable credits.

According to the director of measurement, verification, registration and assessment of greenhouse gases at the National Carbon Monitoring Centre (NCMC), Deo Shirima, carbon trading is designed to incentivise activities that reduce, avoid or remove greenhouse gas emissions while promoting sustainable en...