Liberia’s carbon market policy nears completion amid pushback

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🗞️ Driving the news: Liberia is close to finalizing a national carbon market policy designed to enable the sale of carbon credits to international buyers, but environmental and community groups are raising concerns over transparency and revenue sharing

🔭 The context: The proposed framework would establish a national carbon registry and place the Liberia Carbon Market Authority in charge of carbon credit sales
• Under the current draft, communities tied to forest carbon projects would receive up to 50% of revenues, while the government and other entities would retain the remainder

🌍 Why it matters for the planet: Liberia contains globally important tropical forests with major carbon storage potential
• The policy could unlock climate finance and conservation funding, but it also highlights growing tensions around carbon market governance, indigenous rights and benefit-sharing mechanisms in emerging forest carbon economies

⏭️ What’s next: President Joseph Boakai is expected to review and potentially sign the final policy soon
• Civil society groups are urging a broader public consultation process before adoption, warning that weak governance structures could marginalize forest communities and create loopholes in future carbon projects

💬 One quote: “If I own something, I own it 100%.” — Dayugar Johnson, NGO Coalition

📈 One stat: Communities linked to carbon projects would receive at most 50% of carbon revenue under the current draft policy

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