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Republic of Tanzania 2010). In 2009, IRA contracted five in-depth studies wheretheir findings were presented a year after, in August.Table 11: Studies commissioned under the REDD Framework, Tanzania 2010Study title and theinstitution in chargeExisting REDDRelated CarbonTrade andMarketingopportunities inTanzania,FORCONSULTand SokoineUniversity ofAgricultureLegal andInstitutionalFramework Reviewin the Context ofREDDInterventions,LawyersEnvironmentalAcrion Team(LEAT)CharacteristicsDevelopment of businesscase for carbon tradethrough REDD initiative:Documenting existingcarbon trading inTanzaniaDocumentingopportunities for carbonmarketing includingnegotiations, liability andcontractualReviews Tanzania‟s lawsand institutional set-uppertaining toenvironmentalmanagement, landtenure, forestryconservation and relatedcontractual arrangementsMain findingsThe carbon market in Tanzania is still inits infancyPFM and WMAs contribute positively toREDDREDD related project among private andpublic organizations have remained in therealm of ideas due to lack of technicaland marketing support combined withlack of regulatory frameworks to supportsuch activities.Awareness of carbon trading and theirdevelopment potential was lackingamong individuals, and public andprivate organizations.A reviewing the REDD models forBrazil, Indonesia and Madagascar showsthat Tanzania has a comparatively highpotential for carbon tradeThe legal and institutional framework forREDD has not been adequately addressedby existing literaturePolicies and laws are not explicitly clearon institutional and stakeholdermandates, procedures and benefit sharingmechanisms in relation to REDDThe existing framework lacks detailedimplementation procedures, guidelinesand regulationsThere is no adequate coverage of REDDrelated issues in the provisions of the lawThere are potential areas of conflict in thelegislation governing natural resourcesand environment including the ForestAct, Village Land Act and the LocalGovernment ActSubstantial amendments of the laws needto be undertaken to provide a robustfoundation for REDD activities134