Fund managers call for regulations to unlock Africa’s carbon credit financing
- Vladimir Dugin emphasizes the need for clear regulations to drive carbon credit financing in Africa.
- Panelists note that the absence of laws and data is slowing the uptake of carbon credit funding.
- The global carbon credit market is valued at around $909 billion.
While the potential for carbon credit financing in Africa is promising, it is crucial for startups to diversify their funding sources and for policymakers to create a conducive regulatory environment. The emphasis on blended financing indicates a strategic approach that could mitigate risks associated with over-reliance on a single funding stream.
