Africa is fast becoming a major player in the global carbon market as countries in the global north ramp up efforts to compensate their carbon emmissions. The markets are supposed to incentivize industries to cut back emissions. But are they simply letting big polluters off the hook - shifting the burden to poor communities? Here's how it works: Companies buy carbon credits, allowing them to offset their emmissions by paying for projects that reduce carbon elsewhere - like planting trees, and protecting forests. 00:00 Carbon trading in Africa 00:35 Carbon deal in DRC leaves locals behind 06:31 Carbon trading supports Sierra Leone's Tiwai island 07:51 DW speaks with Sam Mugume Koojo, Assistant Commissioner of Uganda's Ministry of Finance 14:15 Carbon trading plan divides Kenyan communities 19:01 DW speaks with Amos Burudi Wemanya of Greenpeace Africa Nairobi For more news go to: http://www.dw.com/en/ Follow DW on social media: ►Instagram: https://www.instagram.com/dwnews ►TikTok: https://www.tiktok.com/@dwnews ►Facebook: https://www.facebook.com/deutschewellenews/ ►Twitter: https://twitter.com/dwnews Für Videos in deutscher Sprache besuchen Sie: https://www.youtube.com/dwdeutsch Subscribe: https://www.youtube.com/user/deutschewelleenglish?sub_confirmation=1 #CarbonTrading #Africa #Kenya
Carbon trading in Africa sparks controversy: Who benefits? | DW News
Africa is fast becoming a major player in the global carbon market as countries in the global north ramp up efforts to compensate their carbon emmissions. The markets are supposed to incentivize industries to cut back emissions. But are they simply letting big polluters off the hook - shifting the burden to poor communities? Here's how it works: Companies buy carbon credits, allowing them to offset their emmissions by paying for projects that reduce carbon elsewhere - like planting trees, and protecting forests. 00:00 Carbon trading in Africa 00:35 Carbon deal in DRC leaves locals behind 06:31 Carbon trading supports Sierra Leone's Tiwai island 07:51 DW speaks with Sam Mugume Koojo, Assistant Commissioner of Uganda's Ministry of Finance 14:15 Carbon trading plan divides Kenyan communities 19:01 DW speaks with Amos Burudi Wemanya of Greenpeace Africa Nairobi For more news go to: http://www.dw.com/en/ Follow DW on social media: ►Instagram: https://www.instagram.com/dwnews ►TikTok: https://www.tiktok.com/@dwnews ►Facebook: https://www.facebook.com/deutschewellenews/ ►Twitter: https://twitter.com/dwnews Für Videos in deutscher Sprache besuchen Sie: https://www.youtube.com/dwdeutsch Subscribe: https://www.youtube.com/user/deutschewelleenglish?sub_confirmation=1 #CarbonTrading #Africa #Kenya