Each stakeholder group has a distinct role to play in a credit transaction. In both market types, there is a registry (independent for voluntary, national and regional for compliance) with oversight of the credits being traded. 10 | Carbon credits: catalyzing green finance Figure 3: Compliance ...
The project, which is the first of its kind, is called the Kenya Agricultural Carbon Project (KACP) and is located in western Kenya. The research question posed is: Does the carbon credit aspect of the KACP represent an integration of the economic externality of GHG emissions. The thesis ...
For testing purposes, previous agroforestry projects were entered into the toolkit to evaluate the benefits accruing to farmers using data on carbon credit payment methods for two previous agroforestry projects in Africa. The toolkit was also field tested in Kenya with individual farmers and a farmers...
Charcoal meets roughly 70% of Kenya’s domestic energy requirements, according to a World Agroforestry working paper. While the country has placed limits and bans on aspects of its production, the practice still represents a major source of income in rural areas. ...
Olayan Financing Company participated and purchased in the second Regional Voluntary Carbon Market Company's (RVCMC) carbon credit auction, held from 13 to 14 June 2023 in Nairobi, Kenya. The auction marked a significant milestone, with over2 milliontons of h...
Economy Northern Kenya conservancies eye pie of carbon credit billions Jan 29, 2023 - The big idea was to fund the growth of new trees that would absorb carbon, offsetting the carbon generated, for instance, by Meta’s massive computer storage and server farms, known a...
Therefore, while the big polluters must continue working towards reducing emissions, low-polluting nations like Kenya should embrace practices suited to their circumstances. Actors in the real estate and construction sectors come in quite handy in this regard. They could, for ins...
OneDubai-based investment company made headlines for negotiating memorandums of understanding (MoUs) in five sub-Saharan African countries — Kenya, Tanzania, Zimbabwe, Zambia, and Liberia — assuming control over millions of hectares of forested land upon which it plans to support the protection and...
Interviewed export credit agencies (int. 5,15) explained that their mandate to support overseas construction of CFPPs is shaped by the Strategic Energy Plan [114]. Meanwhile, the New Energy and Industrial Technology Development Organization also cites the Fifth Strategic Energy Plan’s objective to...
Anopen letterfrom carbon project developers and researchers in September, responding to a preliminary version of the Berkeley paper, noted the research was funded by sources including the Better Cooking Company, a US company with subsidiaries that distribute cleaner cookstoves in Kenya and Uganda. The...