Kenya looks to set out new carbon market framework by end of February

Kenya is reportedly in the advanced stages of developing a carbon credit market legal framework and guidelines to ensure transparency. Kenyan Environment Cabinet Secretary, Soipan Tuya, acknowledged that despite Kenya’s good carbon market reputation, there is very little transparency in terms of how it is being implemented on the ground. She stated that “we want to have clear benefit sharing modalities for communities. We want to improve the carbon markets space to be of high integrity and high quality”. Government still requires significant investment if it is to achieve its stated goal of planting 15 billion trees by 2032

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