Bill details how carbon credit billions will be shared

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Women conservators in Mtangawanda, Lamu showing mangroves they grew. Communities dealing with mangroves in Lamu will benefit from the Blue Carbon project which will enable them to generate Sh13 million per year if the intended carbon credit project is implemented in the county this year. PHOTO | KALUME KAZUNGU | NMG

A parliamentary committee has backed a Bill on the regulation of the generation and sharing of carbon credit billions.

The National Assembly’s Budget and Appropriations Committee (BAC) has approved the Carbon Credit and Benefit Sharing Bill, 2023 for a formal introduction to Parliament.

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