Investing in forestry sector can alleviate poverty in Tanzania

Dar es Salaam: Deforestation in Tanzania could cost the national economy 5,588 billion Tanzanian Shillings between 2013 and 2033 on current trends, highlighting the importance of investing in the forestry sector to alleviate poverty and boost growth, according to a new report released on Monday.

Forest ecosystems in the transition to a green economy and the role of REDD+ in the United Republic of Tanzania took into account the market value of timber resources as benefits that arise from deforestation, and costs in terms of lost timber forest products in the future, as well as other forest ecosystem services that will be lost as a result of deforestation.