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Kenya misses Sh130b carbon credit cash on poor forest data

Published 7 hours ago1 minute read
[Peter Muiruri, Standard]

Kenya’s poor data on forest cover is among the challenges behind the country’s unrealised Sh130 billion ($1 billion) revenue from carbon credit trading.

A report by the African Development Bank (AfDB) states that forestry as a sector contributes 3.6 per cent to the country’s gross domestic product (GDP).

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The Standard
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