Agriculture comes second as the indicator creating the most of Kenya’s GDP, which is 30.3 percent. Carbon dioxide makes up 74 percent of greenhouse gases emitted in 2004. As of 2014, there were 16,728,251 rural inhabitants living in poverty. The mission of the Kenya Agricultural Carbon Project (KACP) is to teach profitable skills to small-scale farmers.
Carbon finance exposes smallholder farmers to the carbon market. Practices implemented by sustainable agricultural land management (SALM) can increase yields by 15-20 percent.
These practices enhance soil fertility and trap carbon. In 2012, Kenya’s fertilizer consumption rate was 44.3 kilograms per hectare, and 9.8 percent of land is arable.
A Swedish nongovernmental organization named Vi Agroforestry implemented KACP by receiving funding from World Bank’s BioCarbon Fund, the French Development Agency and the Syngenta Foundation for Sustainable Agriculture. Since Vi Agroforestry’s enactment in 2007 with financial support from Swedish International Development Cooperation Agency (SIDA), maize …