In a significant move towards environmental protection and mitigating the impacts of climate change, the Kenyan government has sealed a deal with Dubai-based company Blue Carbon. This strategic partnership aims to facilitate the production of carbon credits.

As per reports from Dubai-based media outlets, the agreement between Blue Carbon and Kenya’s State Department of Environment and Climate Change involves allocating millions of acres of Kenyan land for the carbon credit project. The primary objective of this initiative is to restore and safeguard land affected by the adverse consequences of climate change.

The produced carbon credits will be marketed to corporations that are identified as major contributors to environmental pollution. While the exact location of the allocated land was not disclosed, this venture is expected to play a pivotal role in advancing President William Ruto’s environmental protection agenda.

Notably, President Ruto had previously taken a strong stance on climate issues during the Africa Climate Summit 2023 in early September. During the summit, he made a compelling case for securing funding for the African continent. Ruto called for a review of financial systems that have placed a heavy debt burden on African nations, hindering economic growth. He emphasized that addressing these financial challenges is critical in effectively addressing the climate crisis.

Ruto urged the international community to implement debt relief measures to alleviate Africa’s debt burden, ultimately unlocking the continent’s potential for growth, development, and industrialization. This commitment to environmental protection and climate action aligns with Kenya’s collaboration with Blue Carbon.

Blue Carbon has already inked agreements with several African nations, including Zambia and Zimbabwe, to enhance carbon credit production. The Zimbabwe deal is valued at Ksh 223 billion (USD 1.5 billion), while the exact value of the Kenyan agreement has not been disclosed. Liberia, Zambia, Tanzania, and Pakistan are among the other countries that have signed similar deals to bolster their efforts in environmental conservation and sustainability.