1,000 people participate in an African carbon dioxide swindle forum

Africa seeks greater share of carbon markets

Marrakesh. Energy and climate experts sought ways to help Africa grab a greater share of world carbon markets at the Africa Carbon Forum, held in Marrakech, Morocco, early this month.
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“Africa is at a stage of significant economic development with major investments in energy and infrastructure. The right mechanism needs to be in place to ensure this rapid development is undertaken along a low carbon pathway,” said Ms Hela Cheikhrouhou, director of the African Development Bank (AfDB)’s Energy, Environment and Climate Change Department, during her keynote address to the forum.

Ms Cheikhrouhou, like many of the 1,000 participants at the forum, agreed that the Clean Development Mechanism has proven effective. Even though Africa has so far benefited little from the CDM, this is starting to change.