About Us

Launched at COP27 in Egypt, the Africa Carbon Markets Initiative (ACMI)—spearheaded by the Global Energy Alliance for People and Planet (GEAPP), Sustainable Energy for All (SEforALL) and the United Nations Economic Commission for Africa (UNECA) with support from the UN Climate Change High-Level Champions—aims to expand Africa’s voluntary and compliance carbon markets, enhancing the continent’s contribution to global carbon reduction under the Paris Agreement.


High-Integrity carbon markets in Africa scale to drive substantial climate action, and deliver substantial co-benefits for the economy, welfare and biodiversity.


Be a powerful non-partisan advocate for African carbon credits, providing strategic advisory and convening market actors to catalyse change for African Carbon Markets.


Act as the premier reference point on the state of African carbon markets through owning and disseminating a roadmap report, the required steps for scaling, and ACMI's progress


Be the advocate for Africa's position within carbon markets, bringing increased demand and investment into the continent and shifting the narrative on African Carbon Markets


Advise and partner in creating a stable regulatory landscape and scaling high- integrity project development through technical assistance for carbon market activation plans (including on Article 6) and partnerships to deliver training to supply-side players and communities


Convene actors that are working to solve enabling environment challenges to attract capital, scale supply, build consensus, and drive global momentum on carbon markets


Intermediation and Financing



Our Team

Paul Muthaura

CEO of the Africa Carbon Markets Initiative (ACMI)

Paul Muthaura is the CEO of the Africa Carbon Markets Initiative (ACMI).  Before this, he was an independent consultant supporting economically impactful transitions to greater resilience, inclusion, and carbon neutrality in developing economies as well as capital markets development in emerging African jurisdictions.

He is an Independent Board member of the International Ethics Standards Board for Accountants; an Independent Board Member of British American Tobacco (BAT) Kenya; a Board Member of ICEA LION Asset Management; an Independent Member of the Financial Sector Deepening Trust, Kenya; and a Member of the Securities Advisory Board of the Toronto Centre for Global Leadership in Financial Supervision.

He has previously been the Chief Executive Officer of ICEA LION General Insurance Kenya, the first African member of the Financial Stability Board TCFD insurer pilot group.   Before that, he was the Chief Executive of the Capital Markets Authority of Kenya.  In his term at CMA, he was the Africa and Middle East Regional Committee Chair on the Board of the International Organization of Securities Commissions (IOSCO).