Enhancing Africa’s Participation in Carbon Markets
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Enhancing Africa’s Participation in Carbon Markets
By Dr. Richard Munang What we see is that globally, while regulatory compliance/mandatory carbon markets are estimated to be worth about $261billion, the voluntary market is estimated at $400million. We see from the onset that the “voluntary” nature of the voluntary market makes it a “hard sell” globally, not just in Africa. Furthermore, for Africa, which…