Mozambique has approved Africa's largest mangrove restoration project, with 200 million trees to be planted over 60 years, the promoter who obtained the license said on Thursday (06). Called "MozBlue", the project's mission is to restore Mozambique's degraded coastline and create around 5,000 forestry jobs. In a...
A company from the United Arab Emirates, Blue Forest, will finance the replanting of 200,000 mangrove trees in the central provinces of Sofala and Zambézia, at a cost of 1 billion meticais, in order to protect the ecosystem and reduce CO2 emissions. The project, which is expected to affect more than 100,000 people, according to AIM, will cover...
The Mozambican Ministry of the Sea on Tuesday signed a partnership with a company from the United Arab Emirates, Blue Forest, which plans to plant mangroves that will serve as carbon credits, they said in a statement. The promoters expect the project to last 30 years and generate credits equivalent to "approximately 200,000 tons of emissions of carbon dioxide...