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Kenya publishes Climate Change (Carbon Markets) Regulations, 2024

|Tax Alerts, National/Federal Taxation|Kenya
Kenya

  • Kenya has introduced the Climate Change (Carbon Markets) Regulations, 2024, which seek to provide the legal framework for the operation of carbon projects and markets.
  • The Regulations provide for the setup of a carbon registry that will keep a record of all carbon projects.
  • Carbon projects may be entitled to fiscal and non-fiscal incentives.
 

Executive summary

Kenya recently published the Climate Change (Carbon Markets) Regulations, 2024 (the Regulations), established under the Climate Change…

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