Carbon markets: A consideration for Africa

Omoniyi Durojaye, Timothy Laseinde, Ifetayo Oluwafemi

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review


Carbon markets are an essential mechanism for the successful implementation of the international climate change regime. The design of the flexible mechanisms under the Kyoto protocol is the principle driver of the development of such markets, especially in developing countries. However, developing countries, particularly those in Sub-Saharan Africa (SSA), remain marginalized in global carbon markets despite significant mitigation opportunities in agriculture and forestry. Moreover, Africa has significant potential for renewable energy, a key driver of the carbon emissions reduction. Despite all this, Africa's share of the carbon markets remains relatively low. It is puzzling therefore that the proponents of carbon trading continue to tout the benefits it offers to the poor in Africa, in the face of mounting evidence to the contrary.

Original languageEnglish
Title of host publication4th North American IEOM Conference. IEOM 2019
PublisherIEOM Society
Number of pages12
ISBN (Print)9781532359507
Publication statusPublished - 2019
Event4th North American IEOM Conference. IEOM 2019 - Toronto, Canada
Duration: 23 Oct 201925 Oct 2019

Publication series

NameProceedings of the International Conference on Industrial Engineering and Operations Management
ISSN (Electronic)2169-8767


Conference4th North American IEOM Conference. IEOM 2019


  • Carbon emissions
  • Carbon markets
  • Climate change
  • Renewable energy

ASJC Scopus subject areas

  • Strategy and Management
  • Management Science and Operations Research
  • Control and Systems Engineering
  • Industrial and Manufacturing Engineering


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