German insurance giant Allianz has invested an undisclosed sum in Wildlife Works Carbon, a US-based developer of projects that reduce emissions from deforestation and forest degradation (REDD).
Benefit Sharing Mechanisms for REDD+ in Kenya : exploring the options
The last of the Alternatives to Slash and Burn (ASB) seminar series was presented by Audrey Chenevoy from Institut Superieur d’Agriculture (ISA) in France. She is working with others within the ASB Partnership for Tropical Forest Margins to further ICRAF’s work on the REDD+ Program. In the last 5 months, she has been exploring Benefit Sharing Mechanism (BSM) options for REDD+ in Kenya.
Veronica Erupe has lived in the village of Manyatta Chokaa, along the Isiolo-Samburu district border in northern Kenya, since 2008 when she fled drought and frequent livestock rustling at her Baragoi home, 600km away.
"Climate change does not affect everyone equally," says Wangari Maathai, who won her Nobel Peace Prize in 2004 for her work linking the environment, peace and sustainable development, while promoting democracy in Kenya. "Here in Africa, we are paying a high price for a rapidly changing climate - more droughts, food crises and it is set only to get worse. We can see how climate change is already aggravating the competition for resources and the economic stability all over this continent."
A Swiss water treatment firm is seeking a piece of Kenya’s carbon market through distribution of water purifiers to reduce the use of firewood and kerosene for water treatment in western Kenya.
The US-based conservation consultancy Wildlife Works Carbon won the race to issue the world’s first offset credits for the voluntary carbon market from a project designed to reduce emissions from deforestation and forest degradation (REDD).
