SCALING CARBON MARKETS TO FINANCE CLEAN ENERGY IN AFRICA

This case study describes the Africa Carbon Markets Initiative (ACMI), a partnership co-led by Sustainable Energy for All (SEforSforALL), the Global Energy Alliance for People and Planet (GEAPP), and The Rockefeller Foundation. LaunchedS Launched at COP27, theS theSSSSS the initiative aims to establish high-integrity Voluntary Carbon Markets (VCMs) to channel international finance into African clean energy projects and climate mitigation efforts.

• The Africa Carbon Markets Initiative (ACMI) aims to create a framework for scaling Voluntary Carbon Markets (VCMs) in Africa to attract international climate finance. lCSharp's a focus on clean energy projects, forestry and land-use, agriculture and soil sequestration, livestock management, e-mobility, and clean cooking.
• The ACMI Roadmap ReportH13 identified 13 Action Programmes designed to address challenges across the VCM value chain, categorized into three main themes: supply (generation) and standards, intermediation and financing, and demand.
• As of April 2023, the initiative has secured approximately USD 100 million in Advance Market Commitments, with a target of reaching USD 1 billion by the COP28 climate summit.
• The initiative is implementing national Carbon Market Activation Plans (CMAPs), with a plan being laan sameo same13 finalized for Kenya and plans being prepared for Rwanda, Nigeria, and Ghana.
• ACMI is working to improve the technical infrastructure of African carbon markets by developing national carbon registries and digitizing the Measurement, Reporting, and Verification (MRV) process.

APA

Sustainable Energy for All (2023). SCALING CARBON MARKETS TO FINANCE CLEAN ENERGY IN AFRICA. https://www.seforall.org/system/files/2023-06/rm-case-study-carbon-markets-africa-005.pdf

Chicago

Sustainable Energy for All. SCALING CARBON MARKETS TO FINANCE CLEAN ENERGY IN AFRICA. 2023. https://www.seforall.org/system/files/2023-06/rm-case-study-carbon-markets-africa-005.pdf.

Wikipedia

{{cite report |author=Sustainable Energy for All |title=SCALING CARBON MARKETS TO FINANCE CLEAN ENERGY IN AFRICA |date=April 2023 |url=https://www.seforall.org/system/files/2023-06/rm-case-study-carbon-markets-africa-005.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{sustainableenergyforall2023scaling, author = {{Sustainable Energy for All}}, title = {{SCALING CARBON MARKETS TO FINANCE CLEAN ENERGY IN AFRICA}}, institution = {Sustainable Energy for All}, year = {2023}, month = apr, url = {https://www.seforall.org/system/files/2023-06/rm-case-study-carbon-markets-africa-005.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }