World Bank approves $4m grant to boost access to funds earned from carbon credits

[ad_1] The World Bank and Solidaridad West Africa (SWA) – leading implementation agency for Ghana signed a grant agreement for a US$4 million project to boost social inclusion in the sharing of benefits generated within the Ghana Cocoa Forest Reducing Emissions from Deforestation and Forest Degradation (REDD+) Program (GCRP). By directly engaging 20,000 farmers from…

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Carbon Credits: $82bn at stake for Ghana, other African countries – UNECA

[ad_1] Ghana and other African countries could potentially generate around $82 billion annually from carbon credits, as indicated by the United Nations Economic Commission for Africa. The commission is urging African member states, currently convening at the 2023 United Nations Climate Change Conference COP 28 in Dubai, to establish a fully-fledged carbon market. This market…

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