Many developing countries envision carbon credits as an opportunity to capture a better share of global climate finance, to create employment and attract green investment into their economy. However, carbon credits in Africa have also been at the heart of controversies for their opacity, lack of integrity, and their exclusionary character, while some forms of carbon offsetting projects remain under-tapped.
This webinar asks what a just and transformative carbon market structure would look like for Africa, at a time when demand for carbon offsets is growing and carbon credit value is surging. The panel will discuss the governance innovations necessary to unlock such a vision, exploring questions such as how to prevent the large-scale deals from aggravating pressures on land, how to ensure equitable benefit-sharing for communities and avoid elite-capture.
Key questions discussed include:
- What roles shall African governments play in building high integrity carbon markets? What lessons can be drawn from African countries that have recently attempted to regulate carbon markets such as Kenya and Zimbabwe?
- How to ensure carbon credits in Africa are fairly priced?
- How to better connect small-scale climate projects in Africa to international demand for carbon offsets? What sectors remain under-tapped in African carbon markets?
- How do Article 6 standards negotiated at COP29 impact Africa’s ability to harness carbon markets for sustainable development? How do these standards impact the integrity and accessibility of carbon credits, and African agency in international carbon markets?
By registering for this event, attendees agree to our Code of Conduct, ensuring a respectful, inclusive, and welcoming space for diverse perspectives and debate.
Read the communiqué for the Africa Programme’s just energy transitions webinar series.
