Kenya plans to launch a carbon market to trade emission reduction units and carbon offsets, aiming to monetize climate actions through the sale of carbon credits. The Kenya Electricity Generating Company (KenGen) has already earned 6.9 million carbon credits from renewable energy projects like geothermal, hydro, and wind. The Multi-Sectoral Technical Committee (MSTC) will oversee the initiative, attract investments, and ensure compliance with climate regulations, strengthening Kenya’s leadership in green energy.
Source : CGTN
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