Climate policy: Bonn summit fails to revise carbon trading system

Issue 463 - 29 Jun 2022 - By Ajay Ubhi

Climate change negotiators have agreed to continue working on a proposed new international carbon trading mechanism, after failing to reach agreement at the Bonn Climate Change Conference in Germany in June.

A new system under Article 6 of the United Nations Framework Convention on Climate Change (UNFCCC)’s Paris Agreement had been anticipated by some advocates, to replace the Clean Development Mechanism (CDM) which has proved of limited value to Africa.

Want to read more?

Medium article


(Access to one African Energy article)

Subscribe to African Energy

View subscription options

Don't have an account?

Register for access to our free content

An account also allows you to view selected free articles, set up news alerts, search our African Energy Live Data power projects database and view project locations on our interactive map


Carbon and renewable credit survey

As part of African Energy’s research into climate and energy transition finance, we want to hear your experience of the carbon and renewable credit markets. We are seeking to understand how much of the voluntary carbon market – estimated by the World Bank Group to be worth $1bn in 2022 – is from credits issued from African projects and the challenges buyers and sellers face.

Whether you are offsetting emissions or issuing credits from projects, we want to hear about your experience.

Please click here to complete our short survey.