𝐂𝐚𝐬𝐚𝐛𝐥𝐚𝐧𝐜𝐚 𝐬𝐭𝐞𝐩𝐬 𝐮𝐩 𝐟𝐨𝐫 𝐜𝐥𝐢𝐦𝐚𝐭𝐞 𝐚𝐜𝐭𝐢𝐨𝐧

Morocco has launched the Green Assets Cluster, led by Casablanca Finance City, to position the country as a hub for voluntary carbon markets and climate finance in Africa.

👉 A timely and strategic initiative. The development of carbon markets on the continent requires greater access to finance for project developers, and clearer pathways for international climate finance to reach high-quality projects across Africa.

𝐓𝐡𝐞 𝐜𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐞 𝐢𝐬 𝐜𝐥𝐞𝐚𝐫: carbon markets must be built on harmonized frameworks, transparent governance, and robust standards.

Africa Sovereign Carbon Registry Foundation supports all initiatives that contribute to expanding and structuring voluntary markets to accelerate environmental transition on the continent.

At the same time, Africa Sovereign Carbon Registry Foundation promotes the development of sovereign carbon compliance mechanisms, anchored in national policy, aligned with the Polluter Pays Principle, and designed to ensure lasting sovereignty over climate action. 𝐀𝐟𝐫𝐢𝐜𝐚 𝐧𝐞𝐞𝐝𝐬 𝐛𝐨𝐭𝐡: 𝐜𝐥𝐢𝐦𝐚𝐭𝐞 𝐚𝐦𝐛𝐢𝐭𝐢𝐨𝐧 𝐚𝐧𝐝 𝐬𝐭𝐫𝐮𝐜𝐭𝐮𝐫𝐞𝐝 𝐠𝐨𝐯𝐞𝐫𝐧𝐚𝐧𝐜𝐞.

Africa Sovereign Carbon Registry Foundation welcomes the Green Assets Cluster as a complementary step in this shared direction.

📎 Read more: https://lnkd.in/ehfiYySD