{"id":45608,"date":"2024-05-28T06:03:05","date_gmt":"2024-05-28T06:03:05","guid":{"rendered":"https:\/\/chezaspin.com\/blog\/index.php\/2024\/05\/28\/environmentalists-urged-to-produce-carbon-credits-with-transparency-integrity\/"},"modified":"2024-05-28T06:03:05","modified_gmt":"2024-05-28T06:03:05","slug":"environmentalists-urged-to-produce-carbon-credits-with-transparency-integrity","status":"publish","type":"post","link":"https:\/\/chezaspin.com\/blog\/environmentalists-urged-to-produce-carbon-credits-with-transparency-integrity\/","title":{"rendered":"Environmentalists urged to produce carbon credits with transparency, integrity"},"content":{"rendered":"<p><strong>Integrity in carbon markets space has been cited as one of the key aspect stakeholders need to uphold in a bid to support communities through finance development.\u00a0\u00a0<\/strong><\/p>\n<p>Speaking at a press briefing in Nairobi, William Asiko Vice President Rockefeller Foundation emphasized on the need to have producers, producing high quality carbon credits with integrity and transparency.<\/p>\n<p>While calling for market inter-mediation, he noted that <span>\u201c<\/span>developers must build a functioning market for carbon credits with integrity in Africa.<span>\u201c<\/span><\/p>\n<p>Speaking at the same forum, CEO Africa Carbon Market Initiative Paul Muthaura called on stakeholders to support local project developers to be able to start generating solutions and revenue.<\/p>\n<p><span>\u201cThere was a need to make sure that taxation is not <\/span>disincentivizing <span>people from coming to the carbon markets space for equitable allocation of carbon revenue to all layers of the society and communities that are involved.\u201d Said Muthaura.<\/span><\/p>\n<p>Additionally he mentioned that the Africa Carbon Market Initiative wa<span>s working closely with the government so there is a true understanding of what it means to build a conducive legal regulatory environment for carbon markets to function.<\/span><\/p>\n<p><strong>Africa Development Bank funding<\/strong><\/p>\n<p>On 14th of May 2024 at a landmark summit on Clean Cooking in Africa held in Paris, the Bank Group\u2019s President Dr Akinwumi Adesina, said the institution would commit 20 per cent of all its financing of energy projects towards promoting safe alternatives to cooking with charcoal, wood and biomass.<\/p>\n<p>On his part, Regional Principal Officer Africa Development Bank Olufunso Somorin, noted that the bank has committed<span> $2 billion over the next 10 years towards clean cooking solutions in Africa, a major step along the road to saving the lives of 600,000 mainly women and children each year.<\/span><\/p>\n<p><span>\u201cSchool feeding programme is a growing initiative in many governments in Africa and especially in Kenya which will be among the countries to benefit.\u201d Somorin said.<\/span><\/p>\n<p>Somorin said the Africa Development Bank will also support private sector individuals that are into clean cooking spaces to get receive cheap capital to support their ventures.<\/p>\n<p>\u00a0<\/p>\n<p>The post <a href=\"https:\/\/www.kbc.co.ke\/environmentalists-urged-to-produce-carbon-credits-with-transparency-integrity\/\">Environmentalists urged to produce carbon credits with transparency, integrity<\/a> first appeared on <a href=\"https:\/\/www.kbc.co.ke\/\">KBC<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Integrity in carbon markets space has been cited as one of the key aspect stakeholders need to uphold in a bid to support communities through finance development.\u00a0\u00a0 Speaking at a press briefing in Nairobi, William Asiko Vice President Rockefeller Foundation emphasized on the need to have producers, producing high quality carbon credits with integrity and [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-45608","post","type-post","status-publish","format-standard","hentry","category-uncategorized","entry"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/posts\/45608","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/comments?post=45608"}],"version-history":[{"count":0,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/posts\/45608\/revisions"}],"wp:attachment":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/media?parent=45608"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/categories?post=45608"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/tags?post=45608"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}