The Explainer: The carbon credits trade broken down

Published 2023-09-05
As Kenya hosts the inaugural climate change summit, there has been much talk about carbon credits and their sale. What are they, who has them, how and where are they traded and how do they contribute to reducing the effects of climate change?

All Comments (21)
  • @muthonikasili
    I don't normally comment on YouTube videos, lakini this one... Bravo for putting this together. Very well explained! 💯
  • @ireneshatek5684
    I have a word for whoever introduced this segment: Genius!
  • @alkabshaikh
    Well done, beautifully explained. I loved the simplicity and candor of your presentation. Keep it up!
  • @howitzer9977
    Carbon credits have been proven to not only not reduce carbon footprint in the environment but also increase it. They are a good initiative but ineffective. However, small efforts compounded create big effects.
  • @StephenMumbwani
    You are doing a great job. You are helping Kenyans understand what our government is doing with the campaigns that some have been complaining about President making a lot of trips out of the country. This is one commodity that we need to capitalize on to replace the foresile fuel that we shelved because of cost benefit analysis. I Ruto Manage to convince the world we will be the giant in the carbon market and will pay as much as petrol would have done if not better but at lesser Investments as compared to investing in mining oil.
  • @johngoard8272
    Yes all very well for the companies that buy up carbon credits but I saw a program on the Australian ABC network that showed that the money that was supposedly go to the population who owned the land on which carbon is absorbed for example the rain forests in Papua New Guinea were not getting what they were entitled to and also that the vast majority of the leaders of the separate communities did not understand in any way what carbon credits were about and what they were signing up for. In my mind a money making scam by the individuals who dream up these plans to line their own pockets
  • @tomasgoes
    Way to go, Kenya. Cheers from Brazil.
  • @yussufduale4142
    Thanks for the details n updates on Carbon credit Ms Yvonne!!! I hope that Kenyans will be successful in this historic Big Bill, and every Kenyan can have some "Credits" or "shares" in their respective mobile phones or Accounts in the recent future!!! 😜
  • @Cedartree286
    well explained did watched some videos but they were not clear as this one
  • @Got2Learn
    So basically, we need to pay more to do stuff now?
  • @upstar21t
    The ice caps were supposed to have fully flooded earth by 2012, then 2018, but here we still are!😂