Verst Carbon partners with Africa E-Mobility Alliance to facilitate a 3 day workshop.

Last week Verst Carbon and Africa E-Mobility Alliance facilitated an impactful three-day workshop organized by Siemens Stiftung on “Carbon Markets and Climate Financing in the E-Mobility Sector.” Held in Nairobi, the workshop gathered professionals from across Kenya’s e-mobility sector to gain critical skills in carbon markets, climate finance, and GHG accounting. As the continent grapples with the dual challenges of climate change and rapid urbanization, such initiatives are crucial for promoting cleaner transportation solutions and leveraging carbon markets to finance them.

Day 1: Exploring E-Mobility and Carbon Markets

Participants delved into e-mobility’s role in Africa and the fundamentals of carbon markets. In a dynamic debate on “Prioritizing Carbon Credits vs. Economic Development,” attendees examined the balance between economic growth and emissions reduction.

Day 2: Practical GHG Accounting and Carbon Project Development

Sessions on GHG accounting offered hands-on experience in calculating Scope 1, 2, and 3 emissions. Interactive exercises, covering emissions calculations, baselines, and MRV (Monitoring, Reporting, and Verification), equipped participants with practical skills to manage emissions within e-mobility projects.

Day 3: Climate Finance Strategies and Regulatory Compliance

The final day covered climate finance models and Kenya’s regulatory landscape. A highlight was the Carbon Finance Pitch Competition, where participants pitched their project ideas to a mock panel, refining their skills in articulating financial strategies, projecting ROI, and building investor confidence. We extend our deepest gratitude to Siemens Stiftung for their invaluable partnership, to Africa E-Mobility Alliance for their collaboration, and to each participant who contributed insights and expertise to make the week a tremendous success. Shout out to Charles Waweru, Nyangena Brian, Ziana Chelimo and David Lubanga for representing us well and sharing your invaluable insights and expertise. This convening of e-mobility sector stakeholders underscores our commitment to advancing sustainable mobility solutions in Africa through climate finance