Bonn - First all-Africa Carbon Forum boosts carbon market interest, activity and funding on the continent

Dakar – Africa’s carbon market community has wrapped up three days of intense networking and deal-making, keener and better able to take part in the fast-growing global carbon market.

Africa is expected to be the continent hardest hit by climate change, but has until now been largely relegated to the margins of the carbon market, created by the Kyoto Protocol to help address this global challenge.

“It’s clear that when you bring all of the key market players together, the buyers, sellers and financiers, all with the same purpose to boost the number of carbon offset projects, you are bound to do business,” said Sidy Gueye, Director of Cabinet, Minister of the Environment, Senegal.

The Carbon Forum attracted more than 600 participants from 60 countries, including 40 project developers and 36 government representatives responsible for initial approval of emissions offset projects.