In Liberia’s lush forests, where generations of Indigenous communities have found sustenance and livelihoods, a looming threat now casts a shadow over their way of life. The Liberian government’s decision…
carbon credits
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A deep dive into the world of carbon credits and business impact
by Mary MuturiAfricaBusinessCarbon MarketsEnergy & TransitionEnvironmental ResponsibilityFinance & Economy by Mary Muturi 593 views 4 minutes readCarbon credits function on the basic principle that businesses can offset their emissions by funding initiatives that absorb or reduce an equivalent quantity of greenhouse gases in other locations. Companies are assigned a specific carbon footprint depending on their emissions. Programs for methane capture and installations of renewable energy sources are examples of these kinds of projects. Carbon dioxide equivalent (CO2e) that is either decreased or eliminated from the atmosphere is represented by one metric ton per credit.
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Carbon credit offset demand growing up
Carbon offsetingEconomic ResponsibilityEnvironmental ResponsibilityOpinion by Dr. Edward Mungai 188 views 1 minutes readAs organisations head towards beyond net-zero, COP26 in Glasgow delivered a “gift” that broke a six-year deadlock on article six of the Paris Agreement. Negotiators agreed on the rules on global…
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Sub-Saharan Africa’s largest wind farm in northern Kenya saved the country €126 million (sh15.7 billion) in reduced fuel imports in the first year of operation as the plant displaced expensive…