Energy Transition

African carbon markets programme launched at COP27

The initiative seeks to expand Africa’s carbon credits output and generate revenue that will finance energy transition projects and local employment.

Carbon market: Carbon credits are seen as a potential source of financing that could support Africa’s energy transition process. — Carbon market: Carbon credits are seen as a potential source of financing that could support Africa’s energy transition process.Photo: PETER DEJONG/AP

Davide Ghilotti

London

Published 8 November 2022, 17:44Updated 14 November 2022, 17:16

Africa COP27 Egypt Africa Carbon Markets Initiative Africa