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.
The 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…
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Kenya 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.
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By 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…
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Researchers 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…
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By 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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