Abidjan, Côte d’Ivoire, 5 July 2013 – The ground has been prepared for scaled up participation by Africa in carbon markets, a development that could benefit the continent and the climate as a result, participants in the fifth Africa Carbon Forum in Abidjan heard this week.
Despite a strong headwind, in the form of low prices paid for certified emission reductions (CERs), steady improvements in the Kyoto Protocol’s clean development mechanism (CDM) and the possibility of new sources of demand have kept an interested core of stakeholders engaged in the market. This year’s forum attracted 600 participants for the three-day programme of presentations, buyer–seller match-making sessions and exhibitions. The forum was opened by the prime minister of Côte d’Ivoire, Daniel Kablan Duncan, whose speech offered a powerful demonstration of commitment to support the carbon market in the country.
Read the entire closing press release of the Africa Carbon Forum here.