Could carbon credits be Africa’s next big export?
African leaders are eyeing carbon markets as a source of scarce capital
In her small house in Nairobi, Kenya’s capital, Rose Muthoni shows off her snazzy blue stove. Until recently she was one of the roughly 80% of sub-Saharan Africans who use firewood or charcoal for cooking. When burned, these forms of biomass release greenhouse gases and unhealthy pollutants; Ms Muthoni thinks charcoal contributed to the death of one of her children. Her new stove, made by KOKO, a Kenyan startup, uses bioethanol—a cleaner and safer fuel.
This article appeared in the Middle East & Africa section of the print edition under the headline “Africa’s carbon boom”
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