Climate policy: Bonn summit fails to revise carbon trading system

Issue 463 - 29 Jun 2022 - By Ajay Ubhi | 1 minute read

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.

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Transmission and interconnections – towards a Continental System Master Plan

Africa Investment Exchange (AIX) power transmission event

6 December 2022, online

This online roundtable will evaluate progress towards a Continental System Master Plan for transmission infrastructure and cross-border interconnections and consider the impact which this plan will have on African electricity supply industries.

The roundtable is part of the monthly AIX membership programme and will be chaired by African Energy's John Hamilton with contributions from guests.

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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.

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