Kenya misses Sh130b carbon credit cash on poor forest data

Kenya’s poor data on forest cover is among the challenges behind the country’s unrealised Sh130 billion ($1 billion) revenue from carbon credit trading...
✨ Key Highlights
Kenya has lost out on potentially earning Sh130 billion ($1 billion) from carbon credit trading due to inadequate forest cover data, as highlighted in a report by the African Development Bank (AfDB).
- Forestry contributes 3.6 percent to the country's gross domestic product (GDP).
- Key organization involved: African Development Bank (AfDB).
- The report emphasizes the need for improved data monitoring in forest management.
Continue Reading
Read the complete article from The Standard Business