Browsing: COP28 UAE

• In place of resolve to take responsibility for per capita emissions, polluting nations are instead pivoting towards carbon offsets to’ cancel out’ industrialised world emissions.
• Carbon markets stand to become a new economic mechanism promoting energy security in Africa.
• Africa’s forests absorb 600 million tons of CO2 yearly, more than any forest ecosystem on Earth.

Africa should become the global centre for high-value, high-integrity carbon credits, AFC says; Wholesale leases or sale of land undervalue Africa’s forestry while enabling polluters: AFC paper; AFC Foundation to prioritise conservation and regeneration of African carbon sinks through local capacity building.

At a critical moment in the fight against climate change, the world is squandering a significant opportunity by neglecting Earth’s most important natural carbon repositories – Africa’s forests, grasslands, peatlands and mangroves.

Carbon offsets market not delivering

The global carbon markets offer a pragmatic way to improve this course, with scope to attract …