Kenya Partners with S&P Global to Build Africa’s First Deforestation-Reduction Carbon Credit Registry
Kenya has historically led Africa in issuing carbon credits... The partnership with S&P Global not only builds on this track record but also positions Kenya to generate new revenue streams for local communities through carbon markets.
- Kenya pioneers Africa’s first national REDD+ registry. This aims to track carbon credits and reduce deforestation.
- Partnership with S&P Global Commodity Insights boosts registry efficiency and credibility for carbon-reduction efforts.
- Projected launch by 2Q 2025—Kenya sets an example in climate finance and carbon markets.
Kenya has taken a significant step forward in its climate goals by becoming the first African nation to develop a national REDD+ registry, designed to track carbon credits aimed at reducing deforestation. The project, a collaboration between the Kenyan government, Conservation International, and S&P Global Commodity Insights, will be operational by the second quarter of 2025.
“This is a significant milestone for Kenya as it seeks to establish an enabling environment to mobilize climate finance for NDC implementation in the Forestry Sector,” said Psamson Nzioki, Programme Manager at Conservation International. The new registry aligns with Kenya’s Climate Change Act, strengthening legal and regulatory frameworks to support su( article continues at ESG News )