Carbon Markets: Have They Worked for Africa?

dc.contributor.authorBernard, Baimwera
dc.contributor.authorWangombe, David
dc.contributor.authorKitindi, Ernest
dc.date.accessioned2025-02-07T12:43:34Z
dc.date.available2025-02-07T12:43:34Z
dc.date.issued2017-04
dc.descriptionJournal Article
dc.description.abstractCarbon markets are an essential mechanism for the successful implementation of the international climate change regime. The design of the flexible mechanisms under the Kyoto protocol is the principle driver of the development of such markets, especially in developing countries. However, developing countries, particularly those in Sub-Saharan Africa (SSA), remain marginalized in global carbon markets despite significant mitigation opportunities in agriculture and forestry. Moreover, Africa has significant potential for renewable energy, a key driver of the carbon emissions reduction. Despite all this, Africa’s share of the carbon markets remains relatively low. It is puzzling therefore that the proponents of carbon trading continue to tout the benefits it offers to the poor in Africa, in the face of mounting evidence to the contrary
dc.identifier.citationBernard, B., Wang’ombe, D. & Kitindi, E. (2017). Carbon Markets: Have They Worked for Africa?. Carbon Markets: Have They Worked for Africa?
dc.identifier.urihttps://repository.daystar.ac.ke/handle/123456789/6221
dc.language.isoen
dc.publisherReview of Integrative Business and Economics Research
dc.relation.ispartofseries6(2)
dc.subjectClimate change
dc.subjectCarbon markets
dc.subjectCarbon emissions
dc.subjectrenewable energy
dc.titleCarbon Markets: Have They Worked for Africa?
dc.typeArticle

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