ANALYSIS: Kenya’s limit on ITMO sales highlights Article 6 supply constraints, and may force developers back onto VCM

Published 13:43 on June 16, 2026 / Last updated at 13:43 on June 16, 2026 / and / EMEA (Africa, Europe), Insights (Analysis), International (Aviation/CORSIA, Paris Article 6/PACM, UN Climate Talks), Voluntary (VCM Developments)

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Kenya's recent announcement that it will limit Article 6 transfers to 10 million Internationally Transferred Mitigation Outcomes (ITMOs) between 2026 and 2030 surprised many market participants, particularly given the scale of the country's existing carbon project pipeline, and may signal a fundamental shift for project developers relying on voluntary prices currently languishing in single-digit figures.
Kenya's recent announcement that it will limit Article 6 transfers to 10 million Internationally Transferred Mitigation Outcomes (ITMOs) between 2026 and 2030 surprised many market participants, particularly given the scale of the country's existing carbon project pipeline, and may signal a fundamental shift for project developers relying on voluntary prices currently languishing in single-digit figures.


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