In a groundbreaking move, Kenya has become the first African country to establish a deforestation-reduction project registry, partnering with S&P Global Commodity Insights to spearhead this initiative. This collaboration aims to support Kenya’s climate goals and contribute to global efforts in carbon reduction and sustainability.
The registry is being developed through a partnership with Conservation International, which focuses on conservation, sustainable resource management, and climate change mitigation. According to Psamson Nzioki, Program Manager at Conservation International, this initiative is a significant milestone in mobilizing climate finance for Kenya’s Nationally Determined Contributions (NDC) in the forestry sector. It aligns with Kenya’s Climate Change Act, providing a solid legal framework for the registry’s success.
Expected to be operational by the second quarter of 2025, Kenya’s REDD+ registry will enable comprehensive tracking of carbon credits from projects aimed at reducing emissions from deforestation and forest degradation. This initiative also supports the sustainable management and conservation of forests, enhancing carbon stocks across the country.
Jonty Rushforth, Head of Environmental Solutions at S&P Global Commodity Insights, expressed his admiration for Kenya’s leadership in developing this registry. He emphasized the importance of this initiative for Africa, positioning the continent as a vital contributor to global carbon reduction efforts.
Kenya, a key player in Africa’s voluntary carbon market, has historically been a top issuer of carbon credits through REDD+ projects. This new registry will boost the credibility and transparency of environmental markets, helping Kenya generate new revenue streams while benefiting local communities and conserving its forests.
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