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Kenya2022-12en

Carbon Market Profile - Kenya

Summary

Kenya is working to meet its Nationally Determined Contribution (NDC) target of reducing greenhouse gas emissions by 32% by 2030, which requires substantial international financial support. To achieve this, the country is actively participating in and developing frameworks for various carbon market mechanisms, including the CDM, VCM, Article 6, and JCM. The initiative is currently in progress, having already issued over 52 million carbon credits through these mechanisms, demonstrating significant potential for further mitigation and credit generation.

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