MONROVIA, LIBERIA-Liberia has taken a major step toward benefiting from its natural resources through the establishment of the Carbon Markets Authority of Liberia.

The Chief Executive Officer of the Carbon Markets Authority of Liberia, Jeanine Cooper, highlighted the country’s vast tropical forests and wetlands, describing Liberia as one of West Africa’s most important carbon sinks.

Madam Cooper noted that nearly 70 percent of Liberia’s land surface is covered by dense forests, making the country central to international climate mitigation efforts and biodiversity conservation.

She explained that President Joseph Boakai established the authority through an executive order in October 2025 to help Liberia monetize its natural assets responsibly.

Meanwhile, the Carbon Markets Authority of Liberia boss said,” The initiative will allow Liberia to earn revenue from carbon trading while preserving ecosystems and supporting national development”.

At the same time, the Carbon Markets Authority (CMA) has unveiled a three-pronged strategy aimed at integrating Liberia into the global climate finance system.

Speaking at the Ministry of Information’s regular press briefing, CMA Executive Officer Jeanine Cooper said the authority will serve as the lead national institution for carbon market development and oversight across the country.

Madam Cooper disclosed that the CMA will also host the Blue Economy Secretariat, which focuses on the sustainable management of Liberia’s ocean, coastal, and water resources.

She said,” The authority is being designed as a special climate finance vehicle to manage and invest carbon revenues as national assets”.

According to her, the approach will help Liberia access international capital markets through climate-aligned financial instruments and strengthen economic resilience.