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Global carbon markets: Are there opportunities for Sub-Saharan Africa?

This discussion paper, published by the International Food Policy Research Centre, examines the potential for mitigating climate change through carbon trading, with particular emphasis on Sub-Saharan Africa.

The authors provide an overview of global carbon markets, highlighting Africa's share in these, while outlining the obstacles African nations face in participating. They also assess mitigation opportunities in agriculture, land use and forestry in the region.

They conclude that Sub-Saharan Africa has much potential for mitigating emissions through forestry and cropland management, but action is constrained by existing capacity, funds, property rights and the price of CO2 equivalents. They also suggest that integrating the region into global carbon markets will require new international capacity-building and advisory services, simpler rules for participating in the Clean Development Mechanism, access to emission allowances and credits, and more involvement in voluntary markets.

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