Kenya Carbon Credit Tree Protection Program to Grow Fivefold
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Wildlife Works Carbon LLC, a U.S.- based business selling carbon credits in the voluntary market generated by forest conservation, plans to expand fivefold the biodiversity-rich areas it protects in Kenya.
Disappearing forests deprive the East African economy of as much as $75 million of income a year, about five times the amount the country earns from forestry and logging, the United Nations Environment Programme and state-run Kenya Forest Service said in 2012. Deforestation has also disrupted natural water-movement cycles into lakes and rivers, the agencies said.