NAIROBI, April 13 (Xinhua) -- Kenya and the World Bank have unveiled a guidebook in order to boost the participation of local enterprises in carbon markets.
Stephen Odua, director of business environment at the Ministry of Investments, Trade and Industry, said the manual provides practical steps for private sector organizations seeking to develop projects that contribute to the avoidance or mitigation of greenhouse gas emissions.
"Kenya has missed out on carbon markets given that many enterprises have a limited understanding of carbon markets, and significant capacity building is needed," Odua said in a statement released on Saturday in Nairobi, the capital of Kenya.
Victor Ogalo, deputy chief executive officer of the Kenya Private Sector Alliance, said participation in carbon markets will enable local companies to support the country's climate change mitigation and adaptation goals.
He noted that the guidebook sets out procedures and rules for enterprises exploring how to quantify and issue certified carbon credits. ■
Who is Jacob Zuma, the former South African president disqualified from next week's election?
Amazon ordered to pay $525million to tiny Chicago
The truth about trend of new mothers drinking their OWN breast milk
Netflix fans go wild over 'absolutely brilliant' new drama but are surprised by a shock cameo
Burglar hurled stolen mobile phones at police from the top of 60ft high roof during nine
Ministry of Health proposes 134 job losses
Netflix fans go wild over 'absolutely brilliant' new drama but are surprised by a shock cameo
Through the palace keyhole... by those who were there
Supreme Court declines to hear challenge to Maryland ban on rifles known as assault weapons
Teresa Urquijo, 28, granddaughter of Princess Teresa of Bourbon