Africa Carbon Markets Initiative (ACMI)

🌎 Unlock New Possibilities with the ACMI Carbon Hub, FSD Africa & The Nature Conservancy    We’re thrilled to announce The Nature Conservancy’s (TNC) valuable contribution to the #ACMI Carbon Hub, a comprehensive suite of tools and resources designed to empower project developers and accelerate carbon market growth in Africa. ACMI is excited to host the Hub, thanks to support from FSD Africa. Here's what the Hub now offers:      🔗 Social Tools: Resources for governance, stakeholder mapping, and Free, Prior, and Informed Consent (FPIC) processes to ensure inclusive and transparent project planning.     📊 Carbon Accounting Tools: Access calculators and methodologies tailored to Afforestation, Reforestation, Revegetation (ARR), and REDD+ projects to support precise carbon credit quantification.      📉 Feasibility Tools: Evaluate project viability with templates, risk assessments, and other planning aids.      🛠️ Toolkits: Streamline project management and documentation with ready-to-use resources.      Complemented by project examples, fact sheets, and stakeholder engagement strategies, these tools offer actionable insights into successful carbon initiatives across #Africa.      Explore the Hub today and be part of the movement driving transformative climate action!      https://lnkd.in/dmeiqTKV  #CarbonMarkets #ClimateAction #Sustainability #AfricaLeadership #NatureBasedSolutions #ACMI 

🌍 Highlighting ACMI’s Role in Shaping Climate and Financial Regulation🌍  We are proud to share that our CEO, Paul Muthaura, recently participated in the 4th Edition of the High-Level Regional Symposium on Financial Stability, held in Rabat, Morocco, on November 26-27, 2024.  Paul was a panelist in the discussion:   "Climate Change in Africa and its Implications for Financial Regulation" This prestigious event, organized by Bank Al-Maghrib, the Moroccan Capital Market Authority (AMMC), ACAPS, and the Ministry of Economy and Finance of Morocco, brought together senior officials from international institutions and financial regulators across Africa.  Key topics included:   🌱 The effects of climate change on financial regulation in Africa.   🌍 Policy coordination among financial authorities amidst uncertainties.   💰 Addressing sovereign debt challenges and ensuring financial stability.   💡 Exploring the role of crypto-assets and Central Bank Digital Currencies.  Paul highlighted the critical role of high-integrity carbon markets in building resilience against climate risks and their potential to transform Africa’s financial landscape while driving sustainable economic growth.  We’re honored to contribute to this vital conversation and reaffirm ACMI’s commitment to advancing Africa’s climate and financial innovation leadership.  #ClimateAction #FinancialStability #CarbonMarkets #AfricaLeadership #Sustainability

🌍 Key Messages from ACMI at the Green Claims & Carbon Market Event🌍  The Business Alliance for Climate Action (BACA) recently hosted an insightful session on Green Claims & Carbon Market: A Framework for Transparency to Support Europe’s Path to Net-Zero. ACMI CEO Paul Muthaura had the privilege of attending, and here are some key takeaways:  1️⃣ Support Diverse Market Types: The past two years have emphasized the importance of advancing all carbon market types—Voluntary, Article 6, and Compliance Markets—not just VCMs.  2️⃣ Leveraging Standards for Integrity: As the Green Claims Directive evolves, incorporating lessons from refined ICVCM and VCMI standards will enhance the credibility of market information and claims.  3️⃣ Beyond CO₂ Reductions: In Africa, socio-economic benefits often outweigh the CO₂ impacts. A transparent and equitable price of carbon credits that factors in these benefits is essential.  4️⃣ Carbon Pricing as a Catalyst: An appropriate "price on carbon" is vital for driving emissions reductions. Demand leaders must commit to paying premiums for high-integrity, high-impact projects.  5️⃣ Complementary Mechanisms: Carbon credits are essential for addressing hard-to-abate sectors. Proper pricing will ensure a focus on abatement innovation rather than just offsetting emissions.  6️⃣ Rising Prices & Market Convergence: As prices increase, regulatory and compliance signals will become critical for sustaining demand in voluntary markets.  7️⃣ Africa’s Unique Role: With its low transition costs, abundant renewable energy, and skilled workforce, Africa is uniquely positioned for emissions reduction. However, emphasis on removals may overshadow the value of reduction and avoidance credits.  8️⃣ EU-Africa Synergy: Optimizing complementarity between EU and African markets is key to promoting high-integrity credits that drive green growth and socio-economic development.  9️⃣ Community-Centric Nature-Based Solutions: Credible community engagement, benefit-sharing, and fair pricing are critical for the success of nature-based solutions.  To delve deeper or watch the session recording, click here:  https://lnkd.in/gSPJZnEa #CarbonMarkets #GreenGrowth #NetZero #AfricaLeadership #ClimateAction #Sustainability

🌍 Driving Investments for a Sustainable Africa 🌍  ACMI’s CEO, Paul Muthaura, was honored to speak at the Private Sector ESG Forum under "The Carbon Market: Driving Investments for a Sustainable Africa."  The forum plays a vital role in empowering manufacturers to adopt sustainable practices through:   🔗 Connection – Linking industry players to foster collaboration   📚 Education – Bridging knowledge gaps in sustainability   📣 Advocacy – Promoting inclusive and sustainable business practices  Paul shared insights on leveraging high-integrity carbon markets to drive investments that support Africa’s sustainable development goals. Together, we can unlock the full potential of ESG for shared prosperity.  #ESG #carbonmarkets #sustainability #Africa #climateaction #ACMI #inclusivegrowth

🌍 Collaborating for Impact: Scaling High-Integrity African Carbon Markets🌍 On the sidelines of #COP29, ACMI hosted a Funders Roundtable, bringing together key partners and stakeholders to discuss our forward-looking strategy and the importance of sustained philanthropic support. This invaluable dialogue focused on:  - The critical role of philanthropy in building robust, high-integrity carbon markets in Africa  - ACMI’s vision for scaling impact through collaboration, innovation, and partnerships  - Insights from our core partners on the opportunities and challenges in driving equitable, transparent carbon market growth We deeply thank our supporters and partners for sharing their expertise and reaffirming their commitment to Africa’s climate resilience and sustainable development. Together, we’re paving the way for carbon markets that deliver environmental, social, and economic benefits for all. #COP29 #carbonmarkets #climateaction #ACMI

🌍 𝗖𝗮𝘁𝗮𝗹𝘆𝘀𝗶𝗻𝗴 𝗾𝘂𝗮𝗹𝗶𝘁𝘆 𝗮𝗻𝗱 𝗲𝗾𝘂𝗶𝘁𝘆 𝗶𝗻 𝗰𝗹𝗲𝗮𝗻 𝗰𝗼𝗼𝗸𝗶𝗻𝗴 𝗰𝗮𝗿𝗯𝗼𝗻 𝗽𝗿𝗼𝗷𝗲𝗰𝘁𝘀 𝗮𝘁 𝗖𝗢𝗣𝟮𝟵 ✨ 🗓️ Yesterday at #COP29 in Baku, Azerbaijan, SNV, in collaboration with Cleaner Cooking Coalition and INECC, led an engaging side event titled 'Designing for quality and equity in clean cooking carbon projects.' With Simon O'Connell, CEO, SNV moderating the discussion, leading voices from governments, implementers, carbon project developers, and investors united to explore strategies for making carbon-financed clean cooking projects more equitable and accessible for under-served communities. 📢 𝗞𝗲𝘆 𝘁𝗮𝗸𝗲𝗮𝘄𝗮𝘆𝘀 𝗳𝗿𝗼𝗺 𝘁𝗵𝗲 𝘀𝗲𝘀𝘀𝗶𝗼𝗻: • Eng. Innocent G. Luoga (Government of Tanzania): Political commitment is crucial for advancing cleaner cooking. • Ms. Tawonga Mbale (Government of Malawi): High-quality projects can make universal clean cooking access achievable by 2030, supporting the SDGs. • Daniël de Vries (ACT Group): Projects should prioritise additionality for long-term impact, not just short-term gains. • Paul Muthaura (ACMI): Sustainable clean cooking must extend beyond affordability. • Molly Brown (BURN Manufacturing): Investor expectations need balancing to ensure fair benefits in carbon markets. • Dr. Priyadarshini Karve (CCC): Solutions must meet diverse energy needs of local kitchens. • Hugh Salway (Gold Standard): Robust monitoring is key to credible carbon credits and impactful climate solutions. Simon O'Connell reaffirmed SNV's dedication to scalable, inclusive clean cooking initiatives through regulatory alignment and a community-centred focus. 🌱🤝 This discussion was a call for collaborative partnerships across sectors to foster resilient, sustainable markets that leave no one behind. #COP29 #CleanCooking #CarbonFinance #EquityInEnergy #SDG7

🌍 Exploring the Path to a Thriving Voluntary Carbon Market in Africa!🌍 On the sidelines of #COP29, ACMI’s CEO, Paul Muthaura, joined esteemed panelists for The Voluntary Carbon Market in Africa: Key Success Factors and Challenges, organized by Group Caisse de Dépôt et de Gestion and Casablanca Finance City Authority (CFCA). The discussion underscored the crucial role of a robust Voluntary Carbon Market as a preparatory and complementary mechanism to compliance markets across Africa. This vibrant session explored: - Essential success factors and the unique challenges to advancing voluntary carbon markets in Africa - The benefits of a dual approach—voluntary and compliance—for African economies and sustainable development - Strategic schemes that African countries can leverage for meaningful impact on both local and global climate action ACMI is committed to working with African partners to strengthen high-integrity carbon markets, ensuring they deliver real value for communities, ecosystems, and economies. #COP29 #carbonmarkets #voluntarycarbonmarket #Africa #sustainabledevelopment #climateaction #ACMI #GroupCDG #CFCA

🌍 Inspiring insights from the High-Level Panel on Africa's Carbon Markets: Driving Green Growth at #COP29! Leaders across Africa’s carbon markets shared their progress, challenges, and visions for a resilient future. We’re building a shared roadmap to scale #CarbonMarkets and drive #GreenGrowth in Africa. Thanks to everyone who joined! 🖇️ Read more on how #ACMI is building Africa's path to a green sustainable future: https://lnkd.in/gX_6CVbt #ACMIFuture #ClimateAction”

🌍 Engaging in vital dialogues at COP29 with Africa’s biodiversity policy experts!🌍 ACMI had the pleasure of connecting with Policy Fellows from the Africa Wildlife Foundation’s (AWF) Fellowship Program, with our CEO, Paul Muthaura, joining the conversation. This impressive cohort from Nigeria, Kenya, Rwanda, and Zambia is building the future of biodiversity governance across Africa. Together, we delved into the evolving role of biodiversity credits and their complementarity with carbon markets. The AWF Fellows bring invaluable insights from cross-continental engagements in science, climate change, and biodiversity negotiations, strengthening our shared vision for sustainable development across the continent. Key topics included: - Building MRV capacity and enhancing transparency in nature-based solutions - Empowering communities to fully participate and benefit from biodiversity projects - Strengthening assurance processes to secure credible Free and Informed Prior Consent (FPIC) ACMI is proud to support this new generation of experts dedicated to transforming Africa’s environmental landscape. 🌿💼 #COP29 #biodiversity #carbonmarkets #sustainability #Africa #ACMI #AWF #climateaction #policydevelopment

Join us at #COP29 as we bring together leaders in climate action to discuss the future of #Africa’s carbon markets.  Our high-level panel ‘Africa’s Carbon Markets - Driving Green Growth’ will spotlight national ownership, collaboration, and progress from #Nigeria, #Ghana, #Rwanda, and #Mozambique. Together, we can shape a resilient, sustainable future for Africa. #ClimateAction #GreenGrowth #ACMIFuture