Zimbabwe approves over 190 carbon credit projects

ZIMBABWE'S carbon trading market is gaining momentum as a major investment platform, with Government approving more than 190 carbon credit projects since the launch of the country's blockchain-based carbon registry in 2025.

The milestone highlights significant progress in Zimbabwe's efforts to establish itself as a credible player in global climate finance and carbon markets while attracting green investment into key sectors of the economy.

The blockchain-powered registry was introduced to improve transparency, accountability and integrity in carbon credit trading. The platform enables investors to securely buy and sell carbon credits in line with Article 6 of the Paris Agreement, which governs international cooperation on climate action.

Government officials say the initiative is already delivering results, with a growing number of projects registered across sectors such as waste-to-energy, afforestation and reforestation.

Minister of Environment, Climate and Wildlife, Honourable Evelyn Ndlovu, said the digital registry has strengthened oversight and enhanced confidence in Zimbabwe's carbon market.

"The advantage of introducing the carbon registry is that the whole system is watched online. It is working effectively; we are trading with registered companies," she said.

Authorities view carbon trading as a strategic tool for supporting climate change mitigation efforts while generating revenue and attracting investment into environmentally sustainable projects.

Chief Director in the Ministry of Environment, Climate and Wildlife, Mr Washington Zhakata, said several approved projects are expected to play a significant role in reducing greenhouse gas emissions while unlocking climate finance opportunities.

"We also have projects that are related to waste-to-energy, like the projects that are coming into the cities, which will transform waste into energy. This is one area of potential carbon trading which will generate revenue for the country and also for the entities that will be implementing these projects," he said.

"Over and above that, there are some projects on afforestation and reforestation that have already been registered in the Zimbabwe carbon registry, including projects in Matabeleland North, Manicaland and Mashonaland Central."

The approved projects are expected to contribute to national climate goals while creating economic opportunities for local communities and businesses involved in implementation.

Environmental experts say the expansion of Zimbabwe's regulated carbon market has the potential to attract foreign direct investment, promote sustainable land use practices and support community development initiatives.

The growth of the sector comes at a time when countries around the world are intensifying efforts to transition to green economies and climate-resilient development models in response to the growing threat of climate change.

With more than 190 projects already approved and additional initiatives under consideration, Zimbabwe is positioning itself as an emerging hub for carbon trading and climate-related investment in the region.