Friday
April 19
2024

Report: Netflix, Apple, Shell Among Top Global Firms Buying Kenya’s Carbon Credits

By Dennis Musau

American video streaming company Netflix, technology giant Apple and British oil multinational Shell are among the top global companies capitalising on Kenya’s voluntary carbon market (VCM), a new report by the World Bank shows.

The ‘Carbon Market Guidebook for Kenyan Enterprises’ indicates that in 2022, Kenya was the second largest issuer of VCM carbon credits in Africa after the Democratic Republic of the Congo.

Photo courtesy of Pictures of Money.

Source: Citizen Digital (link opens in a new window)

Categories
Environment
Tags
climate change, corporations, decarbonization