The Kenyan government has taken a significant step towards establishing a comprehensive framework for carbon trading within the country. Through proposed amendments to the Climate Change Act of 2016, introduced in the Climate Change (Amendment) Bill of 2023, the government aims to establish regulations governing domestic carbon markets. Under the proposed changes, various avenues for...Read More

China’s national carbon market has been trading for two years. At present, the market only covers China’s power sector, but the plan is for it to steadily expand, embracing other emissions-intensive industries, such as steel, non-ferrous metals and building materials. The steel industry accounts for about 15% of China’s carbon emissions, making it the largest carbon emitter...Read More