Africa > COP27: New initiative plans explosive growth in African VCM market to 300 mln credits by 2030

COP27: New initiative plans explosive growth in African VCM market to 300 mln credits by 2030

Published 13:56 on November 8, 2022  /  Last updated at 08:06 on June 15, 2023  / Paddy Gourlay /  Africa, Climate Talks, EMEA, International, Voluntary

A new initiative intends to put Africa centre stage for the anticipated explosion in voluntary carbon market offset supply, with ambitious plans for the continent to produce 300 mln offsets a year by 2030 and between 1.5-2.5 bln a year by 2050.
A new initiative intends to put Africa centre stage for the anticipated explosion in voluntary carbon market offset supply, with ambitious plans for the continent to produce 300 mln offsets a year by 2030 and between 1.5-2.5 bln a year by 2050.


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