Don't auction nations using false climate solutions

Kenya sold more than 2.2 million tonnes of carbon credits at the Nairobi Auction in 2023. [iStockphoto]

Runaway appetite for loans begot a crushing public debt. A slow economy consigned citizens to poverty. The oppressive cost of living has now sent Kenyans to the streets.

Kenya has been in a tight fiscal space for years and outrage over rising cost of living has been simmering. However, the violent standoff between the government and Kenyans was sparked by State's drastic tax proposals in the suspended Finance Bill 2024.