Energy-related CDM credits pie

Overhaul of carbon credit trading rules offers new opportunity

Issue 462 - 13 Jun 2022 - By Ajay Ubhi | 3 minute read

The rules governing a new mechanism for the international trading of carbon emission reduction credits is due to be agreed at the Bonn Climate Change Conference, which runs from 6-16 June in Germany. The Clean Development Mechanism (CDM) – which has so far proved of limited value to Africa – is set to be replaced by Article 6 of the 2015 United Nations Climate Change Conference’s Paris Agreement, which is intended to offer governments and project owners the potential to tap into a  new source of finance.

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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.