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Commodities Briefing - Categorized | Commodities Exchanges, Environmental Trading more

Nairobi opens exchange for carbon credits

Posted on 29 March 2011

It is now easier to trade carbon credits resulting from green energy projects and afforestation following the launch a carbon trading facility in Nairobi, the Africa Carbon Exchange. The exchange is the stock market for environment assets, where buyers bid for and buy carbon credit certificates on offer.

“The exchange offers an opportunity for people to earn dividends for using cleaner energy and growing more trees,” said Mr Job Kihumba, the chairman of the exchange and a veteran of the Nairobi Stock Exchange…………………………………….Full Article: Source

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