Less than 1% of global climate finance reached smallholder farmers in 2025.
Yesterday at #COP31 in Antalya, we took a step to change that. AUDA-NEPAD signed an MoU with the Voluntary Carbon Markets Integrity Initiative (VCMI) to establish the Platform for Agricultural Carbon in Africa.
The timing matters. Demand for agricultural carbon credits has more than tripled, from about 1 million in 2021 to 3.2 million so far this year. The market is moving. The question is whether African farmers move with it or watch from the sidelines.
Our approach rests on three commitments:
1️⃣ Farmers and their organisations help write the rules from day one
2️⃣ Every credit reflects a real, verified climate benefit
3️⃣ The farmers doing the work get a fair share of the proceeds
Carbon markets can open a new path to finance for Africa's farmers, but only if they are built with them, not around them.
#COP31 #AfricaAtCOP31 #AUDANEPAD #ClimateFinance #CarbonMarkets #ClimateResilientAgriculture
Yesterday at #COP31 in Antalya, we took a step to change that. AUDA-NEPAD signed an MoU with the Voluntary Carbon Markets Integrity Initiative (VCMI) to establish the Platform for Agricultural Carbon in Africa.
The timing matters. Demand for agricultural carbon credits has more than tripled, from about 1 million in 2021 to 3.2 million so far this year. The market is moving. The question is whether African farmers move with it or watch from the sidelines.
Our approach rests on three commitments:
1️⃣ Farmers and their organisations help write the rules from day one
2️⃣ Every credit reflects a real, verified climate benefit
3️⃣ The farmers doing the work get a fair share of the proceeds
Carbon markets can open a new path to finance for Africa's farmers, but only if they are built with them, not around them.
#COP31 #AfricaAtCOP31 #AUDANEPAD #ClimateFinance #CarbonMarkets #ClimateResilientAgriculture