Kenya's New Carbon Registry: Paving the Way for Global Climate Leadership

Kenya has introduced a national carbon registry, aiming to elevate its position in the global carbon credit market and enhance the integrity of climate offset transactions. Unveiled in Nairobi by the Ministry of Environment and the National Environment Management Authority, the registry will serve as a key platform for tracking carbon credit projects and ensuring transparency.

The registry addresses longstanding issues like double counting that have plagued carbon markets. Kenya's move comes as developing nations advocate for a greater share of climate financing under the Paris Climate Agreement, which seeks to limit global temperature rises. With its extensive natural resources, Kenya hopes to attract foreign investment while benefiting local communities.

The national registry will deliver a transparent accounting system that aligns with international standards, boosting investor confidence. It plays a crucial role in promoting Kenya as a reliable carbon market jurisdiction and supports wider African efforts to attract climate finance while ensuring equitable benefits for communities.