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Africa’s readiness for carbon markets ‘crucial for climate action’

Continent to contribute to emission reduction goals
Pivotal strides towards global climate solutions were made during COP 28, the EIF said.
Ellanie Smit
Namibia hosted a session at the 28th United Nations Climate Change Conference (COP 28) last week in Dubai to help understand what Africa needs to be ready for carbon markets. The p
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Allgemeine Zeitung 2024-10-18

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Katima Mulilo: 22° | 39° Rundu: 21° | 38° Eenhana: 19° | 37° Oshakati: 20° | 37° Ruacana: 18° | 37° Tsumeb: 23° | 35° Otjiwarongo: 18° | 33° Omaruru: 17° | 33° Windhoek: 16° | 30° Gobabis: 16° | 33° Henties Bay: 12° | 18° Wind speed: 22km/h, Wind direction: S, Low tide: 09:33, High tide: 03:44, Low Tide: 22:02, High tide: 15:58 Swakopmund: 13° | 15° Wind speed: 25km/h, Wind direction: SW, Low tide: 09:31, High tide: 03:42, Low Tide: 22:00, High tide: 15:56 Walvis Bay: 13° | 21° Wind speed: 37km/h, Wind direction: SW, Low tide: 09:31, High tide: 03:41, Low Tide: 22:00, High tide: 15:55 Rehoboth: 12° | 31° Mariental: 15° | 31° Keetmanshoop: 14° | 31° Aranos: 14° | 32° Lüderitz: 13° | 24° Ariamsvlei: 14° | 29° Oranjemund: 11° | 18° Luanda: 24° | 25° Gaborone: 19° | 35° Lubumbashi: 18° | 37° Mbabane: 13° | 27° Maseru: 12° | 26° Antananarivo: 15° | 27° Lilongwe: 21° | 33° Maputo: 18° | 29° Windhoek: 16° | 30° Cape Town: 14° | 16° Durban: 18° | 22° Johannesburg: 19° | 29° Dar es Salaam: 25° | 30° Lusaka: 21° | 36° Harare: 17° | 32° Currency: GBP to NAD 22.9 | EUR to NAD 19.09 | CNY to NAD 2.47 | USD to NAD 17.61 | DZD to NAD 0.13 | AOA to NAD 0.02 | BWP to NAD 1.28 | EGP to NAD 0.35 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.65 | ZWL to NAD 0.04 | BRL to NAD 3.11 | RUB to NAD 0.18 | INR to NAD 0.21 | USD to DZD 133.14 | USD to AOA 909.05 | USD to BWP 13.36 | USD to EGP 48.58 | USD to KES 128.5 | USD to NGN 1652.16 | USD to ZAR 17.61 | USD to ZMW 26.66 | USD to ZWL 321 | Stock Exchange: JSE All Share Index Same 0 | Namibian Stock Exchange (NSX) Overall Index 1868.93 Up +0.75% | Casablanca Stock Exchange (CSE) MASI 14125.26 Up +2.10% | Egyptian Exchange (EGX) 30 Index 30143.86 Down -1.31% | Botswana Stock Exchange (BSE) DCI 9834.64 Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 711.56/OZ UP +0.66% | Copper US$ 4.37/lb UP +1.23% | Zinc US$ 3 088.10/T UP 1.09% | Brent Crude Oil US$ 75.03/BBP UP +0.42% | Platinum US$ 1 002.36/OZ UP +0.79% Sport results: Weather: Katima Mulilo: 22° | 39° Rundu: 21° | 38° Eenhana: 19° | 37° Oshakati: 20° | 37° Ruacana: 18° | 37° Tsumeb: 23° | 35° Otjiwarongo: 18° | 33° Omaruru: 17° | 33° Windhoek: 16° | 30° Gobabis: 16° | 33° Henties Bay: 12° | 18° Wind speed: 22km/h, Wind direction: S, Low tide: 09:33, High tide: 03:44, Low Tide: 22:02, High tide: 15:58 Swakopmund: 13° | 15° Wind speed: 25km/h, Wind direction: SW, Low tide: 09:31, High tide: 03:42, Low Tide: 22:00, High tide: 15:56 Walvis Bay: 13° | 21° Wind speed: 37km/h, Wind direction: SW, Low tide: 09:31, High tide: 03:41, Low Tide: 22:00, High tide: 15:55 Rehoboth: 12° | 31° Mariental: 15° | 31° Keetmanshoop: 14° | 31° Aranos: 14° | 32° Lüderitz: 13° | 24° Ariamsvlei: 14° | 29° Oranjemund: 11° | 18° Luanda: 24° | 25° Gaborone: 19° | 35° Lubumbashi: 18° | 37° Mbabane: 13° | 27° Maseru: 12° | 26° Antananarivo: 15° | 27° Lilongwe: 21° | 33° Maputo: 18° | 29° Windhoek: 16° | 30° Cape Town: 14° | 16° Durban: 18° | 22° Johannesburg: 19° | 29° Dar es Salaam: 25° | 30° Lusaka: 21° | 36° Harare: 17° | 32° Economic Indicators: Currency: GBP to NAD 22.9 | EUR to NAD 19.09 | CNY to NAD 2.47 | USD to NAD 17.61 | DZD to NAD 0.13 | AOA to NAD 0.02 | BWP to NAD 1.28 | EGP to NAD 0.35 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.65 | ZWL to NAD 0.04 | BRL to NAD 3.11 | RUB to NAD 0.18 | INR to NAD 0.21 | USD to DZD 133.14 | USD to AOA 909.05 | USD to BWP 13.36 | USD to EGP 48.58 | USD to KES 128.5 | USD to NGN 1652.16 | USD to ZAR 17.61 | USD to ZMW 26.66 | USD to ZWL 321 | Stock Exchange: JSE All Share Index Same 0 | Namibian Stock Exchange (NSX) Overall Index 1868.93 Up +0.75% | Casablanca Stock Exchange (CSE) MASI 14125.26 Up +2.10% | Egyptian Exchange (EGX) 30 Index 30143.86 Down -1.31% | Botswana Stock Exchange (BSE) DCI 9834.64 Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 711.56/OZ UP +0.66% | Copper US$ 4.37/lb UP +1.23% | Zinc US$ 3 088.10/T UP 1.09% | Brent Crude Oil US$ 75.03/BBP UP +0.42% | Platinum US$ 1 002.36/OZ UP +0.79%