-
New players crash Africa's carbon credits mega party
17 Apr 2024 14:44 GMT
… the enormous potential, Kenya and other African countries … credits generated under the Kyoto Protocol’s Clean Development Mechanism … a February analysis.
The Kenya Private Sector Association (Kepsa … market, demand for African-originated carbon credits has …
-
Big firms buying Kenya’s carbon credits revealed
16 Apr 2024 03:04 GMT
Giant US companies top the list of global players snapping up deals in Kenya’s nascent voluntary carbon market (VCM), a new report by the World Bank shows.
These deals have resulted in billions of shillings in earnings for conservancy groups and …
-
Fresh scramble for Africa, this time through carbon credit - a new method
07 Apr 2024 21:01 GMT
Samburu governor Lati Lelelit (second right) receiving a dummy cheque of Sh 10 million from officials of the Northern Rangelands Trust led by carbon credit project director Dr Mohammed Shibia (center) on February 28, 2024 in Maralal town. The money is …
-
Carbon markets, the new Band-Aid solution to climate change in Africa
05 Apr 2024 15:07 GMT
Packaged and sold as an alternative way to mobilising the increasingly diminishing climate finance in a win-win compromise or wooing private sector investment in climate change mitigation, carbon markets could be the new Band-Aid solution to climate change …
-
‘Africa should unite, look inward for development’
04 Mar 2024 23:40 GMT
Africa Moyo in VICTORIA FALLS
PRESIDENT Mnangagwa has called on African countries to focus on internal resource mobilisation and an inclusive pro-people development philosophy that promotes cooperation among nations to ensure balanced development across …
-
Floods and droughts should make world to take more action
13 May 2024 13:40 GMT
Flooded homes in Uthiru, Nairobi, following heavy rains in May 2024. [Kimaku Chege, Standard]
The heavy rains we are experiencing have been attributed to the Indian Ocean Dipole and climate change. It is, however, no secret that they have over the past …
-
Africa is staring at carbon colonialism, warns Kajwang
16 Dec 2023 04:44 GMT
As the COP28 entered the crucial stage of agreements, leading countries in the global north kept up the tradition. They held endless press conferences across the Dubai Expo Centre to proclaim their commitment to tackling the climate crisis, despite the …
-
How the BRICS+, Africa Climate Summit, G20 and UN Prepare Us for Planetary Arson
09 Dec 2023 06:19 GMT
… and resilience); and compensating Africans for not undergoing the … and Kenyan sub-imperialism
Signs of elite-Africa’s … voluntary system would replace the Kyoto Protocol’s binding provisions. As … s leading youth voice, Ugandan activist Vanessa Nakate. Some …
-
Uganda sends 600 to climate summit
04 Dec 2023 07:37 GMT
Uganda has sent a 600-strong delegation, more than half being bureaucrats, to the 28th Conference of Parties (COP28) underway in the United Arab Emirates (UAE), opening the government up for scrutiny over its spending choices amid revenue constraints.
This …
-
Africa to speak with one voice at COP28
30 Nov 2023 09:39 GMT
Kudzanai Sharara in Dubai, UAE
African countries will speak with one voice at the 2023 UN Climate Change Conference (COP 28) which convenes from today to the 12th of December 2023 in Dubai, United Arab Emirates (UAE).
This is according to the Draft …