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Kenya bets on carbon credits as it hosts first Africa climate summit

"The restoration and expansion of Africa s natural carbon sinks are not just an environmental imperative, in fact. They are an un-parallelled economic goldmine. They have the potential to absorb millions of tons of CO2 annually, which should translate into billions of dollars." ....

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Kenya bets on carbon credits as it hosts climate summit

Deep within Kasigau, a sweeping wilderness of craggy hills and savannah roamed by elephants, a team armed with clipboards and measuring tapes is busy studying an unremarkable tree. We have 25 percent of the African market (for carbon credits) in Kenya, and it's our ambition to expand this," Ali Mohamed, the president's special envoy for climate change, told AFP.
In Kasigau, about 330 kilometres (205 miles) southeast of Nairobi, landowners and communities are paid to keep the forest intact under ....

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