Carbon credits are an innovative way of incentivizing climate-friendly actions by individuals, businesses, and governments. In simple terms, a carbon credit is a permit that allows an entity to emit a certain amount of greenhouse gases (GHGs). This mechanism has opened up opportunities for various sectors to contribute to global Read more
The state of voluntary carbon markets in Africa has been growing steadily, with a compound annual growth rate of 36 percent from 2016 to 2021, slightly faster than global markets. Despite this growth, the opportunity to deliver climate finance through carbon markets in Africa remains largely underutilized. According to recent Read more
Africa has been a hub of carbon offset projects in recent years, with various developers working to mitigate carbon emissions and promote sustainable development in the continent. In this article, we will discuss some of the major project developers in Africa, their contribution to carbon offsetting, and their unique projects. Read more
Carbon credits have become an essential tool in the fight against climate change. They allow individuals and companies to offset their carbon emissions by investing in projects that reduce emissions and promote sustainable development. However, the development of carbon credits in Africa faces a number of key challenges that need Read more
Carbon credits are a way of offsetting greenhouse gas emissions by investing in projects that reduce, avoid or remove greenhouse gas emissions from the atmosphere. These projects are developed according to specific methodologies that define how the carbon reductions are measured and verified. In this article, we will describe various Read more
The voluntary carbon market has been growing in recent years, with companies and governments around the world looking to offset their emissions by purchasing carbon credits from projects that reduce or avoid greenhouse gas emissions. Africa, with its vast potential for renewable energy and nature-based solutions, has a significant role Read more
Micro Carbon Credits: A Promising Solution for Smallholder Farmers Smallholder farmers are the backbone of the food supply in many countries, including Africa, where they contribute up to 70% of the food supply. However, smallholder farmers often face challenges in accessing and benefiting from carbon markets due to high upfront Read more
Perform Achieve and Trade (PAT) is a scheme initiated by the Bureau of Energy Efficiency under the National Mission for Enhanced Energy Efficiency. It is a market-based mechanism aimed at improving energy efficiency in energy-intensive industries. The scheme is part of the National Action Plan on Climate Change launched by Read more
Energy Conservation Certificates (ECerts) are tradable certificates issued by the Bureau of Energy Efficiency (BEE) in India as part of the Perform, Achieve and Trade (PAT) scheme. These certificates represent the amount of energy saved by an organization beyond the targets set by BEE. The trading of ECerts takes place Read more
The Perform, Achieve and Trade (PAT) scheme was introduced in India in 2012 as a market-based mechanism to promote energy efficiency in energy-intensive sectors. Under the scheme, Designated Consumers (DCs) are assigned energy-saving targets, and they are required to achieve these targets or face penalties. One of the key features Read more