Ghana’s Wahu Mobility Seals Landmark Carbon Credit Deal with Switzerland
Ghanaian electric bike startup Wahu Mobility has struck a carbon credit deal with Switzerland — only the second global e-mobility transaction under the nascent Article 6 carbon market of the Paris Agreement.
Why it matters
The deal could accelerate Africa’s role in the global carbon market while enabling cleaner transport solutions for thousands of local delivery riders.
“This authorization marks a pivotal moment for Wahu Mobility and Africa’s e-mobility sector,” said CEO Valerie Labi.
Details
Wahu plans to deploy 117,000 e-bikes over the next five years.
The project targets 752,684 tons of CO₂ equivalent in avoided emissions by 2030.
These avoided emissions will be packaged into carbon credits (aka ITMOs) and sold to Switzerland.
The project took two years to...