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{
    "id": 1283119,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1283119/?format=api",
    "text_counter": 136,
    "type": "speech",
    "speaker_name": "Sen. Osotsi",
    "speaker_title": "",
    "speaker": {
        "id": 13588,
        "legal_name": "Osotsi Godfrey Otieno",
        "slug": "osotsi-godfrey-otieno"
    },
    "content": "Thank you, Mr. Speaker, Sir, for the opportunity to also weigh in on this very important Bill. At the onset, I want to say that I support this Bill because it is long overdue. Matters of carbon trading are very weighty and Africa and Kenya have not been in a better position to take advantage of carbon trading because of lack of an appropriate policy and legal framework. So, the amendments proposed in this Bill will actually open the channel for Kenya to maximize its carbon credit potential by ensuring that we create the appropriate path for carbon trading and have appropriate mechanisms for regulation of carbon markets. It will also provide an opportunity to have the national climate change action plan and most importantly how communities participate in carbon markets. Carbon credit trading is very crucial especially in our counties. I echo the sentiments by Sen. Mumma that this Bill talks very little about how counties can be involved in this process. We do not want counties to be lumped together with the community initiatives. As a Senate, every Bill that is presented to us must be looked at and establish the interest of the counties in the Bill. That is very important. I represent a county that is top five in forest cover. If you look at the top 10 counties in forest cover, they have one significant characteristic, they get the lowest sharable revenue. Mr. Speaker, Sir, we have counties like Lamu which has 44 percent forest cover, Vihiga has 36 percent, Kirinyaga at 30 percent, Elgeyo Marakwet at 30 percent and Bomet at 24 percent. They have similar characteristics. This Bill should provide mechanisms for counties to benefit through own-source revenue from carbon trading. I look forward to amendments in order to ensure that our counties benefit from this carbon markets and trading. Mr. Speaker, Sir, this Bill also talks about establishment of the national carbon registry where all data and documents in relation to carbon trading will be stored. This is critical because one of the things that have been lacking is awareness and information dissemination on how carbon trading is going to be done in this country. Even as we talk about that let us also talk about our policies which promote climate change. I was impressed when the national Government announced they were going to plant 15 billion trees. That was progressive. Again, that policy was de---"
}