#Africa is uniquely positioned to lead high-impact carbon projects, offering significant socio-economic, biodiversity, and environmental benefits.
Yet, Africa's share of the Voluntary Carbon Market (VCM) remains just 13%, with only 36% of credits from African projects retired between 2013 and 2023. This gap reveals untapped potential and underscores the need for increased support and visibility.
Promoting African projects for their exceptional climate and socio-economic contributions can boost their market share and attract greater buyer interest. Additionally, compliance with market transactions promises a new revenue stream, enhancing the scale and value of these critical projects.
Learn more about how we can collectively pave the way for a more just and sustainable future here: https://lnkd.in/dJJCkpE6
Reshma Shah, Juliet Munro, Nzomo Mbithuka. CDFP,MBA,PhD-Ongoing., Keshinee Shah, Ash Berman, Caroline Kimani, Clinton Shamakamba, Climate Action Platform for Africa (CAP-A)
#MakingFinanceWork #CarbonMarkets #SustainableDevelopment