According to the World Bank, global carbon pricing instruments generated over $100 billion in revenue in 2023, yet Africa’s share remains minimal. As delegates convene at the 2025 Carbon Market Africa Summit in Johannesburg, South Africa, the message is clear: carbon markets have the potential to unlock billions in financing for the continent. However, realising that promise now demands concrete action to ensure African countries become truly “carbon market ready.”

Channel Africa’s economics reporter, Innocent Semosa, has more.

According to the World Bank, global carbon pricing instruments generated over $100 billion in revenue in 2023, yet Africa&rsquo;s share remains minimal. As delegates convene at the 2025 Carbon Market Africa Summit in Johannesburg, South Africa, the message is clear: carbon markets have the potential to unlock billions in financing for the continent. However, realising that promise now demands concrete action to ensure African countries become truly &ldquo;carbon market ready.&rdquo;
Channel Africa&rsquo;s economics reporter, Innocent Semosa, has more.

In-depth financial issues, profiling of African businesses doing well internationally, stocks & market updates.

In-depth financial issues, profiling of African businesses doing well internationally, stocks &amp; market updates.