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{
    "id": 1279751,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1279751/?format=api",
    "text_counter": 196,
    "type": "speech",
    "speaker_name": "Kikuyu, UDA",
    "speaker_title": "Hon. Kimani Ichung’wah",
    "speaker": null,
    "content": "Thank you, Hon. Naomi. As I was saying, the Ministry will develop regulations, in line with the statute, which will come to this House for inclusion of a more elaborate provision on how we will trade in carbon credits. Clause 23(c) of the Bill provides for participation in carbon markets, in line with Article 62 of the Paris Agreement or as a result of trading with private entities or in a voluntary carbon market under Article 64 of the Paris Agreement, which will require reporting to the UNFCCC Secretariat by the designated national authority. Clause 23(d) of the Bill provides for environmental impact assessment. Clause 23(e) requires all projects to show the anticipated social, environmental and economic benefits, bearing in mind that the carbon markets framework is to help countries and State parties to achieve sustainable development and alleviate poverty. Hon. Deputy Speaker, the reason why we need a national authority is to ensure that we meet the principal objectives of the Paris Agreement. Whatever projects a country engages in should be undertaken in such a way that its social, environmental and economic impacts are measurable. Whatever goes to the carbon market should be towards ensuring sustainable development in the country and the alleviation of poverty in our neighbourhood. It is important that the carbon credits market is well regulated. I hope the Ministry will make efforts to ensure that the regulations safeguard the people, who will be the ultimate beneficiaries of the carbon credit market, such that nobody trades in carbon credits at the expense of the people. Additionally, whatever money comes from the carbon credit markets should go towards alleviating poverty and ensuring sustainable development in our country. Clause 23(h) provides for a dispute resolution mechanism in carbon market projects and activities. It sets out the National Environmental Tribunal as the court of first instance to deal with disputes in the carbon market framework. As I said, anything that has this kind of interest, from the public and private sector and even the civil society, is bound to have disputes. The Tribunal will have the requisite technical skills through its employees, right from judicial officers to judicial clerks with knowledge on environmental issues. Hon. Deputy Speaker, the proposed amendment to the Climate Change Act of 2016 will not only help in institutionalising horizontal governance in climate action across the country, but will also help Kenya meet her international obligations reporting on NDCs through streamlined registries. It will also help in the furtherance of the long-term goals of the Paris Agreement to help parties achieve sustainable development and alleviate poverty by implementing the carbon market framework as contained in Article 6 of the Paris Agreement. The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor."
}