Browsing: Climate change

The reward for fixing the carbon credit trade could be enormous, especially for Africa’s energy transition. The $2 billion global…

Creating climate-resilient farmers to address climate change has become urgent. Access to finance is essential to sustain and improve the…

Kenya’s SBM Bank has announced its commitment towards increasing its ESG investment in the country. The commitment is aimed at…

President William Ruto will lead Kenya at COP28 to showcase the country’s ambitious climate change strategy and advocate for sustainable…

For African universities, governments and businesses, 5G Tech Spaces are part of the solution to enable Africa to leapfrog with…

The East African Community (EAC) will approach the upcoming COP 28 Climate Summit, to be held in Dubai from November…

In recent years, Africa has gained increasing attention in the climate change dialogue, especially its role in the global carbon offset market. But what exactly does this mean for the continent and the world? This article delves into the concept of carbon offsets in Africa, explores the benefits, assesses Africa’s contribution to global emissions, and examines the leading countries in carbon trading.

The Conference of the Parties (COP) to the United Nations Framework Convention on Climate Change (UNFCCC) represents an important international forum for countries to discuss and address global climate change issues. However, these conferences have tended to be high-level and process-based, and COP 27 was no exception. – negotiations took place, and some of the highlights included the historic establishment of the loss and damage fund, which was seen as setting a precedent for climate justice.

However, agreements on other matters, such as phasing out fossil fuels and setting emission peak periods, were not achieved. For African countries, COP 28 marks an important pivot point around funding, just transition, and the Nairobi Declaration. There will be a push for realisations on commitments made and innovative funding mechanisms to drive accelerated climate action now and beyond.

Three Kenyan startups have been selected for an incubation programme after winning the Cyber Security Hackathon at the just concluded…

With its immense potential and vast resources, Africa stands at a critical point in its economic growth path. While the continent has promising economic prospects, it also has significant challenges that have impeded growth. A concept known as “blended finance” has gained popularity in recent years as a viable answer to assist governments in overcoming economic challenges. As a result, it is vital to look into what blended finance is, how African economies can leverage its benefits and its crucial role in supporting sustained growth across the continent.