carbon credits
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CLIMATE CHANGE
Accelerate Regulations to Boost Kenya’s Carbon Markets, Experts Urge
Kenya could earn billions of dollars from the global market in carbon credits but needs to finalise the regulations needed to achieve that potential. This is according to speakers at Diamond Trust Bank’s Sustainability and Economic Forum. Despite being the first country in Africa to enact Kenya Climate Change Act in 2016 to help tackle climate change, it amended the law in 2023 to include…
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CLIMATE CHANGE
CarbonPool closes $12m to underwrite the carbon credit markets
CarbonPool, the world’s first insurance company with a carbon credit balance sheet, has closed a $12 million funding round to underwrite the carbon credit markets. Founded by former Allianz executives Coenraad Vrolijk, Nandini Wilcke and Frederic Olbert, CarbonPool aims to accelerate investment in carbon credits, which are crucial to achieving net zero, by providing carbon credit insurance with claims payments…
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