Kenya's KenGen CERs for sale more than double

Kenya's largest utility company, Kenya Electricity Generating Company, said that more than double  certified emission reduction credits (CERs) available for sale; making them over 550,000 CERs.

The company said it had an additional 309,495 CERs certified under United Nations guidelines on climate change.

A CER is equivalent to one tonne of CO2.  They are part of emission reduction efforts under the Kyoto Protocol.

Its latest CERs under the United Nations Framework Convention on Climate Change (UNFCCC) are from its 105 megawatt (MW) Olkaria II geothermal power station. the company said.

"550,981 tonnes of CO2e has already been issued by the UNFCCC and are now available for sale," the company said in a statement.

KenGen said that more than 86 percent of the energy produced by the company is from clean sources namely wind, hydro and geothermal.