VCMI partners with Eastern Africa Alliance to advance carbon markets

The Voluntary Carbon Markets Integrity Initiative (VCMI) and the Eastern Africa Alliance on Carbon Markets and Climate Finance (EAA) announced a partnership on 1 September to support the growth of high-integrity carbon markets in East Africa. The collaboration will provide technical assistance to EAA member countries through VCMI's Access Strategies programme, focusing on policy development, capacity building, and infrastructure for national carbon markets. This initiative aims to help governments unlock climate finance and design national policies, building on prior work to address the shortage of Africa-based validation and verification bodies. East Africa currently accounts for approximately 10% of global voluntary carbon credits, with projects in the region issuing nearly 115 million credits between 2022 and 2025.