Thursday, July 16

Industry and Trade

Carbon credits snapped up by Saudi firms in a Nairobi auction.

The demand for carbon offsets is rapidly growing in Africa, unlocking billions for the climate finance needs of economies. Kenya recently hosted a carbon credits auction. The auction is the world’s largest sale, where firms from Saudi Arabia bought more than 2.2 million tonnes of certified carbon credits.

🚀 Stay Ahead. Join Our WhatsApp Channel
The Exchange Africa News WhatsApp channel
Enable Notifications OK No thanks