This section explores financial solutions and investments that support a low-carbon, climate-resilient, and sustainable economy. Here, we highlight innovations in green economy, climate finance, carbon markets, and environmental funding that drive positive impact for people and the planet.
Ecobora www.ecobora.co is a green energy company whose vision is to empower local communities using green energy as a catalyst for energy poverty alleviation. “We started seeing the impact we had on families and communities where our wood pellets began replacing collecting and using smoky firewood in rural…
Read MoreThe Friends of Karura Forest, mandated to protect and conserve the urban forest in collaboration with the Kenya Wildlife Service (KFS), has allayed concerns about illegal logging in the ecosystem.
Read MoreAccording to National Environment Management Authority (NEMA) Director General Mamo B. Mamo, the Kenyan government is accelerating the development of three key regulations to activate carbon markets. Following the recent Climate Change Act of 2016 amendment, governance measures for both carbon markets and non-markets have been established.
Read MoreThe recent endorsement of global carbon market standards under Article 6.4 during COP29 in Baku marks a significant development in climate finance and carbon emissions trading, especially beneficial for developing countries like Kenya. This standard allows countries to trade carbon emission reductions, aiming to accelerate the implementation of…
Read MoreKenya has emerged as the leading country in East Africa regarding per-capita consumption-based carbon emissions. According to recent data, the average Kenyan lifestyle contributes approximately 0.6 tonnes of carbon dioxide (tCO₂) per person annually.
Read MoreBy Neville Ng’ambwa In a significant step toward fostering environmental sustainability, Kenya held bilateral talks with the European Union (EU) Commissioner for Climate Action, Wopke Hoekstra, at the Kenyan Consulate in New York. The discussions centered around the proposed EU-Kenya Green Partnership, designed to enhance cooperation on various…
Read MoreResearchers are emphasizing the urgent need for governments to enhance carbon dioxide removal (CDR) strategies to meet global climate goals. The 2024 State of Carbon Dioxide Removal report, released by the Smith School of Enterprise and the Environment, highlights a significant gap between current CDR efforts and what…
Read MoreBy Peter Ngare Carbon credits and other market-based approaches to conserve forests have failed to stop the destruction of trees and alleviate poverty, a new report by the International Union of Forest Research Organizations (IUFRO) shows. This comes at a time when carbon markets are projected to grow…
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