A parliamentary committee has backed a Bill on the regulation of the generation and sharing of carbon credit billions. The National Assembly’s Budget and Appropriations Committee (BAC) has approved the Carbon Credit and Benefit Sharing Bill, 2023 for a formal introduction to Parliament. Sponsored by Laisamis MP Joseph Lekuton, it seeks to provide a legal...Read More

A new benchmark has launched to bring more clarity to the definition of a high-quality carbon credit, which companies are increasingly using to offset their climate impact. On Thursday (28 July), the Integrity Council for the Voluntary Carbon Market (ICVCM), a governance body for the voluntary carbon market, released a global benchmark for high-integrity carbon credits, with the aim of bringing...Read More