What You Need to Know About Africa's New Carbon Market Initiative

What You Need to Know About Africa's New Carbon Market Initiative Africa

Climate finance for the African continent got a boost at the 2022 United Nations Climate Conference , with the launch of the

. This aims to make climate finance available for African countries, expand access to clean energy and drive sustainable economic development, writes Carbon markets offer an incredible opportunity to unlock billions for the climate finance needs of African economies while expanding energy access, creating jobs, protecting biodiversity, and driving climate action. However, Africa currently produces only a tiny percentage of its carbon credit potential.

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