Member LoginMember Login - User registration - Setup as front page - Add to favorites - Sitemap Kenya, World Bank unveil carbon market guidebook for enterprises !

Kenya, World Bank unveil carbon market guidebook for enterprises

Time:2024-05-21 07:04:50 source:Cultural Compass news portal

NAIROBI, April 13 (Xinhua) -- Kenya and the World Bank have unveiled a guidebook in order to boost the participation of local enterprises in carbon markets.

Stephen Odua, director of business environment at the Ministry of Investments, Trade and Industry, said the manual provides practical steps for private sector organizations seeking to develop projects that contribute to the avoidance or mitigation of greenhouse gas emissions.

"Kenya has missed out on carbon markets given that many enterprises have a limited understanding of carbon markets, and significant capacity building is needed," Odua said in a statement released on Saturday in Nairobi, the capital of Kenya.

Victor Ogalo, deputy chief executive officer of the Kenya Private Sector Alliance, said participation in carbon markets will enable local companies to support the country's climate change mitigation and adaptation goals.

He noted that the guidebook sets out procedures and rules for enterprises exploring how to quantify and issue certified carbon credits. ■

Related information
  • Messi in and Dybala out in Argentina squad for pre
  • NZ public service job cuts: what we know so far
  • VOX POPULI: Message for this year’s rookie workers: You are an empty glass
  • April 11, 2024
  • Why US Catholics are planning pilgrimages in communities across the nation
  • As it happened: Rain lashes North and South Islands
  • Two arrested in relation to gun attack on rugby players' team van
  • Prisoner and corrections officers take refuge in van after shots fired
Recommended content
  • Investigators return to Long Island home of Gilgo Beach serial killing suspect
  • Think diplomacy is tough? Try a White House state dinner
  • NZ public service job cuts: what we know so far
  • VOX POPULI: Message for this year’s rookie workers: You are an empty glass
  • Rangers are undefeated at .500 to keep World Series champs from a losing record with Bochy
  • VOX POPULI: History of ‘shunto’ spring labor offensive seems timely