Pay Africa for carbon offsets to save the planet and support livelihoods, leaders say
Bwindi Impenetrable Forest National Park, Uganda. Africa’s savannahs, mangroves and swamps, coral reefs and marine reserves are the carbon sinks of the world. FILE PHOTO | AFP
Kenya’s President Uhuru Kenyatta wants businesses and corporations in the global North to take advantage of the unique ecological opportunity offered by Africa as a natural carbon sink and compensate the continent.
Mr Kenyatta explained to investors at a side event at the ongoing COP26 climate conference in Glasgow, Scotland, that the process can transform conservation finance in Africa by compensating the continent for storing carbon and tackling climate change.