We welcome the opportunity to provide feedback on this climate change amendment bill. While we see merit in the proposed amendment to regulate carbon markets (PART IVA—REGULATION OF CARBON MARKETS), we urge the Kenyan government to take this amendment back to the drawing board and revise it in its entirety. The Bill needs clarity and precision in order to regulate carbon markets in a way that works for Kenyan citizens and the climate. The current proposed Bill does not achieve that.
This report qualitatively assesses the robustness and reliability of evaluations of carbon credit quality by selected carbon credit rating agencies.