you are currently viewing::Africa: Carbon Trading-an Opportunity for Economic DevelopmentAugust 13, 2024-Africa's carbon market offers a powerful means to address climate change and uplift communities. The tangible benefits seen in the projects in across Africa highlight the potential of carbon credits, both environmentally and socio-economically. As regulations evolve, governments have the opportunity to address current challenges and meet national priorities by crafting policies that prioritize local needs and ensure sustained advantages. By championing local expertise and fostering shared benefits, Africa can realize the carbon market's dual promise for its people and the environment. Source: allafrica.com |
February 28, 2025--A new World Bank report titled "Driving Inclusive Growth in South Africa: Quick Wins with Competitive Markets and Efficient Institutions" asserts that a robust economic recovery, shared across all sectors of society, can be achieved in the immediate future by implementing a series of policy actions in four priority areas: infrastructure services, greater private sector participation, creating cities as engines of growth, and efficient public spending.