Sunday, June 24, 2007

Business Daily Africa - - Cement makers eye carbon trade market

A carbon finance investment forum held recently in South Africa resolved to trade 100 million carbon credits annually from Africa in what is being seen as the next opportunity to help Africa tackle poverty through trade and not aid. Carbon emission buyers and bankers who participated in the forum found that there were latent opportunities for Africa countries to sell carbon credits to industrialised countries. The United Nations Environment Programme estimates that by selling 100 million carbon credits Africa economies will earn an estimated $1.2 billion (Sh80.4 billion) per year...........Business Daily Africa - the international window into East African business opportunities - Cement makers eye carbon trade market


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