Reviewed Carbon Markets Regulations

Reviewed Carbon Markets Regulations

On September 1st 2023, His Excellency Dr. William Samoei Ruto signed into law the Climate Change (Amendment) Bill 2023, setting the stage for the regulation of carbon markets.

This new law will strengthen Kenya’s ability to mobilise resources towards increasing its capacity for climate resilience initiatives. With the new law, Kenya joins several countries globally, including South Africa, India, Indonesia, and Vietnam, in efforts to set up domestic carbon trading markets as the need for more financing towards combating the adverse effects of climate change.

Below find the Reviewed Carbon Markets Regulations with a list of all six schedules.

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Reviewed Carbon Markets Regulations with a List of all Six Schedules