Africa’s $100B Carbon Opportunity: How Sovereign Markets Could Lead the World

Africa’s carbon markets are gaining momentum, with estimates suggesting the sector could reach $100 billion by 2030 if supported by strong policies and credible market systems. The Africa Carbon Markets Initiative (ACMI) targets production of 300 million credits annually by 2030, scaling to 1.5 billion by 2050, driven largely by nature‑based solutions. Sovereign carbon market frameworks in countries such as Ghana, Nigeria, and Kenya aim to retain value locally, attract private investment, and align credits with national climate goals, positioning Africa as a major global carbon supplier.
News Link
#CarbonMarket, #ACMI, #CarbonCredits, #NatureBasedSolutions, #Ghana, #Nigeria, #Kenya, #ClimateFinance, #NDC