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
London
AfricaCOP27EgyptAfrica Carbon Markets InitiativeAfrica
Published 8 November 2022, 17:44Updated 14 November 2022, 17:16