Kenya | Launched its First National Carbon Registry to Boost Climate Finance

Kenya, has launched its first national carbon registry to track projects, verify emissions reductions and prevent counting, aiming to position the country as a hub for high –-integrity carbon credits. 

 Unveiled by the Ministry of Environment and the National Management Authority in Nairobi, the Carbon Registry (KNCR) is digital platform managed by the National Environment Management Authority (NEMA) to track, verify, and manage carbon credits and Internationally Transferred Mitigation Outcomes (ITMOs) from environmental projects across Kenya.

In addition the registry aligns with Paris Agreement’s Article 6 aiming to increase transparency and investor confidence and supporting sustainable development through fair benefit -  sharing with local communities. 

Officials said more than 80 project concept notes have been submitted, and leaders including Environment Cabinet Secretary Deborah Mlongo and Climate envoy Ali Mohamed said that the system strengthens governance and market trust, supporting conservation, job creation and sustainable development, with potential knock on benefits for nature - based tourism and community livelihoods.

Key features of the Kenya National Carbon Registry include: 

•    Centralized Digital Platform: The registry acts as the sovereign digital ledger for all carbon market activities in Kenya, including registration, authorization and reporting. 
•    Prevention of Double Counting: It ensures each carbon unit is uniquely identified and verified, preventing the same credit from being sold or used twice. 
•    Article 6 Alignment: The system facilitates “corresponding adjustments” for international carbon credit transfers, in compliance with the Paris Agreement. 
•    Sector Coverage: The registry covers various sectors, including forestry, renewable energy, and land – based carbon storage, with specific integration for Kenya’s national tree – growing programs. 
•    Transparency and Public Access: It provides a public – facing layer that increases visibility for investors and communities, fostering trust in the market. 
•    Community Benefit Monitoring: A key focus is to ensure that carbon projects, especially in forestry, provide equitable benefits to local communities. 
•    Regulatory Compliance: It supports the implementation of the Climate Change Act and the 2024 Carbon Market Regulations, with oversight by the National Environment Management Authority (NEMA).

Supported by Gerrmany through GIZ, the KNCR is designed to bolster Kenya’s position as a reliable, high – integrity carbon market jurisdiction. 

Link 
https://atta.travel/resource/kenya-launches-national-carbon-registry-to-boost-climate-finance.html