The regulations establishing the EU’s carbon border adjustment mechanism (CBAM) entered into force on 16 May 2023. The CBAM, which imposes a price on the carbon emitted directly and indirectly during the production of carbon-intensive goods entering the EU, will be implemented in two phases. The transitional phase beginning 1 October 2023 will cover carbon-intensive imports...Read More

In Summary Kenya is estimated to generate Sh85 billion from carbon trading by 2030. Kenya has a limited regulatory framework and lacks requisite laws which makes carbon trading in the country an almost opaque undertaking. A proposed Bill before the National Assembly aims to give individuals and communities a fair share in Kenya’s multi-billion shilling...Read More