March 2023
The Eastern Africa Alliance on Carbon Markets and Climate Finance has recently released updated country carbon market profiles that provide valuable information about the carbon markets in the region. These profiles are now available for download on the Eastern Africa Alliance website.
For those interested in keeping up-to-date with the latest developments in the carbon markets of Eastern Africa, these profiles are an essential resource. They provide detailed information about the state of carbon markets, credits issued and key players in each of the countries covered as well as a regional perspective.
These updated profiles offer a wealth of information that can be useful for a wide range of audiences, including investors, policy-makers, academics, and other stakeholders. For instance, investors can use the profiles to identify potential opportunities in the region, while policy-makers can use them to inform their decision-making around carbon pricing and related issues.
The profiles cover seven countries in the region: Burundi, Ethiopia, Kenya, Rwanda, Sudan, Tanzania, and Uganda. They offer a comprehensive overview of the current state of the carbon markets in each country, including details on market mechanisms, Article 6 readiness and project types.
Overall, the updated country carbon market profiles are an important resource for anyone interested in understanding the state of the carbon markets in Eastern Africa. They provide valuable insights into the opportunities and challenges facing the region as it seeks to transition to a low-carbon economy, and are sure to be of interest to a wide range of stakeholders.
These profiles were developed with the support from GIZ- Federal Ministry of Economic Affairs and Climate Action, Climate Finance Innovators and UNFCCC – Regional Collaboration Center, Kampala.