Kenya is negotiating with Singapore for a bilateral agreement under Article 6 of the Paris to reduce emissions and meet climate change goals.
A delegation comprising of Government Officials from Ministries of Environment, Foreign Affairs, the National Treasury and Attorney General’s Office led by Environment and Climate Principal Secretary Dr Festus Ng’eno is in Singapore for negotiations for the deal.
Dr Ng’eno said on Monday that Kenya has been actively participating in carbon markets and is pursuing to come into bilateral agreements on Article 6 of the Paris Agreement with countries such Switzerland and Sweden.
“The bilateral agreements would enable us to achieve emissions targets set out in our NDCs[Nationally Determined Contributions] while promoting sustainable development and environmental integrity,” Dr Ng’eno said.
Article 6 of the Paris Agreement sets out how countries can pursue voluntary cooperation to reach their climate targets. It enables international cooperation to tackle climate change and unlock financial support for developing countries.
Under the provision, countries are able to transfer carbon credits earned from the reduction of greenhouse gas emissions to help one or more countries meet their climate targets.
Kenya signed an MOU with Singapore on carbon credit trading under Article 6.2 of the Paris Agreement, witnessed by President William Ruto and then Prime Minister Lee Hsien Loong in May 2023.
PM Loong said the MoU would build a collective action to deal with the “greatest existential threat to mankind”.
On February 20, Environment and Climate Change CS Aden Duale held a bilateral meeting with a Singaporean delegation led by Amb. Yatiman bin Yusof on climate cooperation and broader efforts to establish bilateral carbon trade agreements.
“The Ministry remains committed to developing carbon markets as a key source of climate finance, supported by policy reforms, including a review of the Climate Change Act and new regulatory frameworks to enhance transparency and efficiency,” Duale said at the time.
