Rwanda has generated approximately $1.5 million from carbon credit sales, according to figures presented on September 16, 2026, by the Rwanda Environment Management Authority (REMA). The country has registered 29 projects spanning land conservation, agriculture, forestry, electric mobility, waste management, and renewable energy, with credits priced between $14 and $45 per ton of CO2 equivalent depending on the project and buyer. These projects are at various stages, from verification to commercialization, and operate under a national carbon market launched in 2023. REMA serves as the designated authority, requiring national approval before independent verification of emission reductions. Rwanda has also signed a cooperation agreement with Singapore to facilitate Article 6 transactions under the Paris Agreement, potentially unlocking more funding for verified reductions. The figures were released ahead of the Carbon Markets Africa Summit in Kigali, scheduled for October 13-15, 2026, which will highlight African projects in nature-based solutions, regenerative agriculture, and blue carbon.
