News Industry

Malawi Earns First African Carbon Credits Certified for CORSIA

Malawi Earns First African Carbon Credits Certified for CORSIA
Thursday, 06 November 2025 10:41
  • Gold Standard certified the first African carbon credits eligible for the aviation offset scheme CORSIA.
  • The credits come from Hestian’s clean cooking program, which distributes improved stoves in Malawi.
  • Over 1.5 million credits were validated, marking a milestone for Africa’s carbon market integration.

Gold Standard announced on November 5 that it has, for the first time, certified African carbon credits as eligible under the international aviation emissions offset mechanism, CORSIA. These credits were generated through a clean cooking program in Malawi implemented by the company Hestian.

The initiative, known as the Biomass Energy Conservation Programme, provides locally produced improved cookstoves designed to reduce firewood use and harmful smoke emissions. The project also helps save time for women and children, who are often responsible for collecting firewood. More than 1.5 million credits from this program have been identified as eligible for CORSIA’s first compliance phase.

This milestone represents a major step forward for Africa, demonstrating the ability of a country to participate in Paris Agreement mechanisms and access climate finance. Ahead of the certification, the Malawian government submitted a report under Article 6 of the UN Framework Convention on Climate Change (UNFCCC), applying the corresponding adjustments for the certified credits.

According to Gold Standard CEO Margaret Kim, the certification shows how climate policy can deliver tangible results on the ground. Hestian’s representative, Conor Fox, welcomed the move as a precedent that could attract crucial financing for clean cooking initiatives across Africa.

The announcement comes as Africa’s carbon market continues to develop around international standards. Following Ghana, which sold transferable credits to Switzerland under Article 6, Malawi now joins the continent’s early participants in a compliance-based mechanism.

This achievement also demonstrates that African projects can now access credible carbon finance sources capable of sustainably supporting national clean energy policies, particularly in the area of clean cooking.

On the same topic
Sonatrach to begin drilling at Kafra block in Niger Operations target oil potential across 23,737 sq km area Project revives 2018 discovery with...
Rockefeller, GEAPP commit over $100 million to Mission 300 initiative Funds support electrification planning, coordination, and investment...
Burundi solar project gets funding boost, two-year extension for expansion Plan includes 12,000 solar systems, monitoring across 700 public...
NECSA plans new 20–30 MW research reactor, tender expected in 2026 Facility will focus on medical isotopes, not power generation Project...
Most Read
01

Firms move beyond payments toward integrated SME platforms Services include invoicing, inve...

African fintechs are moving beyond payments - and into business operations
02

Cameroon signs MoUs for $1.5 billion waste-to-energy projects Plans target waste treat...

Cameroon Signs $1.5 Billion Waste-to-Energy MoUs Amid Urban Sanitation Strain
03

MTN Mobile Money Zambia partnered with Indo Zambia Bank to enable payments via bank POS terminals....

MTN Zambia Links Mobile Money to Bank POS in New Partnership
04

UBA UK, BII sign intent to expand trade finance in Africa Partnership targets funding gaps for in...

UBA, British International Investment explore Africa trade finance deal
05

The BCEAO now allows UEMOA citizens abroad to open CFA franc accounts under the same conditions as...

West Africa Targets Diaspora Funds With New Banking Access Rules
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.