A LOOK INTO CARBON OFFSETS - IS AFRICA READY?
"Imagine trading in the absence of something you do not want…welcome to the world of carbon offsets. While general offsets trade in tangible commodities, carbon offsets involve paying someone else to reduce your emissions to enable you remain carbon-neutral and maintain an acceptable carbon footprint.
Broadly, carbon offset refers to a reduction in greenhouse gas emissions (GHG) or an increase in carbon storage (e.g., tree planting), used to compensate for emissions that occur elsewhere...".
With Africa accounting for only 2% of the trading in the global carbon market, this white paper provides insight on how carbon offset works, its role in emissions reduction and how Africa can benefit.
This paper is authored by Miss Ivie Ehanmo, a PhD candidate with the University of Dundee and a renowned multi-jurisdictional expert in the energy industry, particularly the electricity sector. Ivie provides legal, regulatory, governance and transaction advisory to local, regional, and global institutions and organizations.