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Voluntary Carbon Markets in Africa: A Deep Dive Into Opportunities and Challenges

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  • Sabrina Camélia Pagop
  • Luc Savard

Abstract

This study conducts an in-depth exploration of the increasing interest in voluntary carbon markets (VCMs) in Africa, shedding light on the potential opportunities and challenges associated with African participation in these markets. VCMs have gained prominence as promising means to address climate change, driven by substantial financial incentives and market expansion. Nonetheless, persistent debates revolve around the legitimacy of carbon credits and their tangible contributions to climate change mitigation and adaptation.

Suggested Citation

  • Sabrina Camélia Pagop & Luc Savard, 2024. "Voluntary Carbon Markets in Africa: A Deep Dive Into Opportunities and Challenges," Research papers & Policy papers 1980, Policy Center for the New South.
    • Handle: RePEc:ocp:rpaper:pp-0524
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    File URL: https://www.policycenter.ma/sites/default/files/2024-04/PP_05-24%20%28Sabrina%20Camelia%20Pagop%20%26%20Luc%20Savard%29.pdf
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