Africa demands more money for cutting emissions

Greenhouse gas emissions. [iStockphoto]

African nations want to increase how much money they receive from schemes that offset greenhouse gas emissions and are looking for ways to address the issue at UN climate talks currently underway in Egypt.

Carbon offsets, where polluters can effectively cancel out their emissions by paying into initiatives such as tree planting, are cheaper to purchase in Africa than in many other parts of the world where schemes are more strictly regulated.