Sustainability and carbon market news

Climate Impact Partners, Green Earth, and a multinational pharmaceutical company today announced a long-term offtake agreement for the full volume (in excess of 1.5 million tonnes) of expected verified carbon credits from the Mount Kenya...

Kenya has taken a significant step toward strengthening its role in international carbon markets with the launch of a national carbon registry aligned with Article 6 of the Paris Agreement. View through the window of Kenya’s reforestation efforts,...

A new government-led initiative has been launched by Singapore, the United Kingdom, and Kenya to accelerate the development of voluntary carbon markets and provide clear, cross-border standards for their use. Three young trees and three businessmen...

Kenya has taken a significant step in aligning its carbon market infrastructure with international frameworks by releasing a draft regulation for a national carbon registry. The proposed digital system is designed to support the implementation of...

Kenya is preparing to release three new environmental regulations aligned with Article 6 of the Paris Agreement by the end of this year, a move that could reshape its position in global carbon markets and open new avenues for bilateral cooperation....

Kenya has outlined a new national strategy that will require $45 billion in international support—largely through carbon trading and investment—to meet its updated emissions reduction goals for the 2031–2035 period. An African woman prepares a meal...

Kenya has finalised its carbon framework, enabling project developers to secure Letters of Authorization (LoAs) under Article 6 of the Paris Agreement. These LoAs are essential for facilitating carbon projects with corresponding adjustments (CAs),...

During Climate Week NYC in September, Abatable, a leading provider of carbon market solutions, unveiled its 2024 Voluntary Carbon Market (VCM) Investment Attractiveness Index. The Index ranks the top five countries for carbon credit investments...

EcoSafi, a company specialising in biomass-fuelled cookstoves, has made headlines with a significant carbon credit deal from its clean cooking project in Kenya. The credits have been sold for as much as $35 per tonne of CO2, significantly higher...

DGB Group, a leading force in environmental sustainability and large-scale nature-based solutions, is excited to announce the launch of its latest product, Impact Loans. This innovative financial offering provides investors with a unique opportunity...

DGB Group’s Hongera Energy Efficient Cookstoves Project has reached a critical point of recognition, highlighted by recent features on national television. During a memorable event, the project successfully distributed 526 cookstoves to a rural...

In a groundbreaking move for Africa’s carbon market, EcoSafi, together with the Gold Standard, has launched the continent's first carbon credits certified under the rigorous Metered and Measured Energy Cooking Devices (MECD) methodology. This...

A recent World Bank report highlights that major corporations including Netflix, Apple, and Shell are actively participating in Kenya’s burgeoning voluntary carbon market. This engagement underscores Kenya's position as a significant player in...

BURN Manufacturing, a Kenyan producer and distributor of clean cookstoves, has successfully raised over $12 million to broaden its reach across Africa. This capital boost was primarily led by Key Carbon Ltd, previously known as Carbon Neutral...

Microsoft is to acquire 350,000 carbon credits (carbon units) from a Kenyan agroforestry project. This collaboration, spanning six years, underscores the tech giant's commitment to becoming carbon negative by 2030. The initiative utilises...

In a surprising move, the Kenyan government announced a national public holiday on 13 November 2023 dedicated to planting trees. This initiative is part of an ambitious plan to plant an astounding 15 billion trees by 2032. Interior and National...

In a remarkable partnership, J Balvin, the renowned Reggaeton artist, is stepping into the world of Subway Surfers, a popular endless runner mobile game. What makes this collaboration truly special is that it's not just about gaming; it's about...

Project Beehive represents a unique and sustainable initiative in Kenya developed by Corekees. The project aims to promote biodiversity, empower local farmers, and contribute to the preservation of bees. Corekees team and local farmers checking...

As part of the Africa Climate Summit, the United States Agency for International Development (USAID) has unveiled a suite of investments and initiatives dedicated to climate action in Africa. These include $35 million in new investments for this...