Snapshot: carbon markets in Africa

Here are some key takeaways

• Africa is poised to play a pivotal role as carbon markets scale, with demand rising through mechanisms such as CORSIA and Article 6 markets.

• The majority of carbon projects are in the East Africa region, which also accounts for the largest share of carbon credit issuance relative to GDP globally.

• BeZero Carbon has rated 133 projects in Africa, with ratings ranging from ‘AA’ to ‘D’.