KenGen to benefit from climate action carbon credits
The Kenya Electricity Generating Company is set to benefit from its Clean Development Mechanism (CDM) Projects further giving impetus to the company’s efforts to combat climate change.
This follows the issuance of additional 309,495 Certified Emission Reductions (CERs) for the organisation’s Olkaria II CDM Project by the UN’s Framework Convention on Climate Change (UNFCCC), bringing the total amount of issued carbon credits to 550,981.
Speaking on the issuance of the CERs, KenGen Managing Director and CEO Rebecca Miano said climate change has become one of the biggest global environmental challenges and has created an urgent need for mitigating against its effects.
“KenGen has a dedicated team to spearhead environmental sustainability and contribute to the reduction of the ef...