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Home News East African Securities Regulators agree on to develop regional frameworks for sustainability linked financing and carbon credit markets.

East African Securities Regulators agree on to develop regional frameworks for sustainability linked financing and carbon credit markets.

3 May 2024NewsMarrakech Pledge

The East African Securities Regulatory Authorities (EASRA) have committed to developing a harmonized regulatory framework for sustainable finance, focusing on standardizing sustainability-linked securities, project evaluation, and reporting. Additionally, a regional carbon credit market study will inform the creation of a unified carbon credit framework. EASRA’s upcoming five-year strategic plan (2024–2029) will align with key regional and global development goals, ensuring broad stakeholder input to tackle emerging challenges and bolster regional market integration.

Read more : https://www.cma.or.ke/east-african-securities-regulators-agree-on-to-develop-regional-frameworks-for-sustainability-linked-financing-and-carbon-credit-markets-2/

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The « Marrakech Pledge » for « Fostering Green Capital Markets in Africa » is a commitment by all African Capital Markets Regulators and Exchanges to act collectively in favor of sustainable development by enabling the establishment of Green Capital Markets in Africa with the aims to promote Africa as a prominent regional green financial marketplace and an attractive destination for green and climate-resilient investments.

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