Kenya has unveiled a new rule book for its carbon markets and introduces a cap on the amount of carbon credits approved for international trading. Under the new operational arrangements tied to Article 6 of the Paris Agreement, Kenya authorizes a maximum of 10 million metric tons of carbon credits for overseas sale through 2030. The published framework outlines how the credits can be used and traded under Kenya’s implementation of the Paris Agreement’s cooperative approaches. Both outlets report that the cap applies to credits intended for cross-border transactions and is part of the country’s effort to regulate the scale and process of international carbon credit issuance. The announcements emphasize that the measure is tied specifically to Article 6 and sets an upper limit on externally sold credits over the remainder of the decade, rather than changing Kenya’s broader climate policy targets. The rule book details the operational aspects of the market, while the cap limits the volume of credits available for international trading up to the stated timeframe.
Kenya sets 10 million-ton cap on overseas carbon credit sales under Paris Article 6 rules
Kenya has unveiled a new rule book for its carbon markets and introduces a cap on the amount of carbon credits approved for international trading. Under the new operational arrangements tied to Articl...
- Kenya releases a carbon market rule book linked to Article 6 of the Paris Agreement.
- Kenya caps carbon credits authorized for international trading at 10 million metric tons.
- The cap applies to overseas sale of carbon credits through 2030.
- The new framework governs operational arrangements for Article 6 implementation.
Kenya has introduced a 10 million metric ton cap on carbon credits authorized for international trade up to 2030 under new operational rules for Article 6 of the Paris Agreement
7 hours agoKenya has introduced a 10 million metric ton cap on carbon credits authorized for international trade up to 2030 under new operational rules for Article 6 of the Paris Agreement
7 hours ago
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