On the 6th of September 2023 at the Kenyatta International Convention Centre (KICC) in Nairobi, Kenya Africa Climate Week Tent, our collaboration with esteemed partners and experts in the field was instrumental in shedding light on critical issues related to carbon projects in the African context. Our panel discussion involved Kenya Power & Lighting Company, Suni Smart Energy Limited, Rural Electrification & Renewable Energy Corporation, Hainan Exchange Market and Kenya Forest Service.

The moderator of the panel discussion, Miss Kalyani Inampudi, ESG Advisor diligently examined several major issues of paramount importance, including;

Unlocking Climate Finance: We explored how carbon markets can present unparalleled opportunities for unlocking substantial resources to address the climate finance requirements of African economies. These endeavors have the potential to simultaneously expand energy access, foster job creation, safeguard biodiversity, and catalyze climate action.

Leveraging Existing Services: We delved into the role of existing services in expediting carbon projects in Africa. By evaluating the current suite of offerings, we sought to understand how they can be harnessed to accelerate progress in this domain.

Insights from a Climate Change and Forests Perspective: We were privileged to hear special comments from Mrs Rose Okombo, Head of Climate Change and Principal Conservator of Forests at the Kenya Forest Service (KFS) regarding the unique considerations and strategies relevant to carbon projects in forested regions.

Overcoming Challenges: Addressing the pressing challenges confronted during the implementation of these solutions was a key focal point of our discussions. We collectively brainstormed strategies and solutions to surmount these obstacles effectively.

Notably, Mr Yu Yang, Managing Director and the Co-founder Suni Smart Energy Limited played a pivotal role in elucidating the complex issue of carbon credits, providing in-depth insights into the mechanisms, market dynamics, sustainability considerations, global perspectives, and future prospects. In conclusion, this was enriched by the diverse expertise and perspectives shared by our esteemed participants, and it underscored the critical importance of collaborative efforts to drive sustainable climate action across the African continent. We look forward to further dialogue and progress in this vital endeavor.