FINANCE / TRADE /
GENDER EQUALITY / ACCOUNTABILITY

From Concept to Impact: The African Carbon Market Story

Organizers: COP28 Presidency: Finance team SEforAll and ACMI

This Heads of State-level event will launch Carbon Market Activation Plans in Ghana, Rwanda, Nigeria, Mozambique, and Malawi - while highlighting Kenya's progress - to accelerate the development of carbon markets in these African nations. It will also send a strong and clear demand signal, showcasing USD 850 million in pre-market declarations of intent for the purchase of African carbon credits or investment in African projects by 2030 to activate carbon markets on the continent. The primary outcome is to build trust and confidence in Africa's growing carbon markets while also calling for action for more Global South countries to adopt enabling environments to unlock much-needed climate and development financing.

TWO-WEEK SCHEDULE

11 Dec
12 Dec

FINAL NEGOTIATIONS

On the final two days of COP28, there will be no thematic days to avoid extensive programming when the negotiation text is often being closed.
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10 Dec

FOOD, AGRICULTURE, AND WATER

Climate change is creating severe pressure and risks for the agri-food and water systems that underpin human wellbeing.
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9 Dec

NATURE, LAND USE, AND OCEAN

The conservation, restoration, and sustainable management of nature is integral for achieving the goals of the Paris Agreement.
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