National Carbon Registry on the way as Kenya Eyes Carbon Markets
Posted inGreen Finance

National Carbon Registry on the way as Kenya Eyes Carbon Markets

According 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.
Posted inGreen Finance

COP29 Agrees International Carbon Market Standards

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 climate action plans through financial support and accessible carbon markets.