For localities with extensive forest cover, the carbon market can unlock green finance sources to support forest protection and restoration while improving local livelihoods. To transform this potential into a sustainable resource, it is essential to refine data, legal frameworks, benefit-sharing mechanisms, and governance capacity.

Forests cover a third of the continent, providing essential services and making an important contribution to sustaining life on the planet. Currently, the livelihoods of more than 1.6 billion people on earth, depend on forests.