Africa Climate Summit 2023: Continent should exploit carbon market potential to raise climate finance, say experts
Africa’s climate activists, however, criticised initiative, saying it will incentivise pollution, benefit fossil fuel companies
Africa Climate Summit 2023: African Carbon Markets Initiative to benefit fossil fuel companies, financial brokers, says report
Initiative has already attracted investors from the United Arab Emirates which has committed to buy $450 million of carbon credits
COP27: African countries launch ‘game-changing’ carbon credits initiative
Target to provide 300 million carbon credits every year by 2030