WakiliPicha Climate Action's post

🇰🇪 Did you know? Kenya enacted the Climate Change (Amendment) Act, 2023 on 1 September 2023. The Act came into force on 15 September 2023 just a few days after the inaugural Africa Climate Summit. 🌱☘️This article by Loice Adwera (linked below) explores the Act, emphasizing its transformative impact on the country's climate commitment. The Act introduces innovative provisions to align with international climate goals, fostering sustainable development and climate resilience. It incorporates carbon markets and non-market approaches, albeit facing challenges, such as the controversial social contribution from carbon trading projects. The article questions the fairness and feasibility of this provision and its compatibility with the Paris Agreement. In conclusion, it advocates for a balanced approach that weighs the benefits and risks of carbon markets, upholds Kenya's climate justice, and encourages public awareness and participation. 🌱Carbon markets are systems that allow the trading of carbon credits, which represent the right to emit a certain amount of greenhouse gas. Carbon markets aim to reduce emissions by creating incentives for entities to invest in low-carbon or carbon-neutral projects. There are two types of carbon markets: compliance and voluntary. Compliance markets are regulated by governments or international bodies, while voluntary markets are driven by the demand and supply of carbon credits from various actors. Carbon markets are seen as a key tool to address the climate crisis and achieve the goals of the Paris Agreement. Link 🔗 [ https://www.jurist.org/commentary/2023/10/kenyas-climate-change-amendment-act-striking-a-balance-with-carbon-markets/ ] The author is an LLB student at Strathmore University in Kenya and an assistant editor at JURIST

  • Rukia Ahmed Abdi

    35 w

    Kenya's Climate Change (Amendment) Act, 2023 represents a significant step in aligning with international climate goals and promoting sustainable development. The article raises important questions about the Act's provisions, particularly regarding the social contribution from carbon trading projects. Striking a balance between the benefits and risks of carbon markets is crucial, ensuring that Kenya upholds climate justice while encouraging public awareness and participation. The Act underscores Kenya's commitment to addressing the climate crisis, emphasizing the role of innovative policies in achieving the Paris Agreement's objectives.

    5
    • Munene Mugambi

      35 w

      I think Kenya has wonderful policies. Problem comes when it's time to implement them.

      5

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