Monrovia – Liberia is sitting on a multi-million-dollar climate finance opportunity. But without action, the window is closing fast, reports FrontPageAfrica. While other African nations cash in on their forests and coastlines through regulated carbon markets, Liberia has yet to establish a Carbon Market Authority (CMA)—the key institution needed to unlock carbon trading, regulate emissions deals, and ensure local communities benefit.
Experts warn that without the CMA, Liberia risks losing out on tens of millions of dollars annually from forest conservation, mangrove restoration, and Blue Economy projects. Gabon, Kenya, and Ghana already have national frameworks in place—Gabon earned $150 million from a single carbon credit deal in 2022—while Liberia, home to 40% of the Upper Guinean rainforest and 580 km of coastline, remains on the sidelines.
Photo: Capitol Building in Monrovia, by CC David Stanley – Flickr, BY 2.0
