The Stream, March 29: Kenya Opens Carbon Exchange

Kenya expects to start construction of a 300-megawatt Lake Turkana wind power project by the end of the year, Reuters reports. The project will earn government revenue from carbon credits on Kenya’s newly launched climate exchange platform.

European Union
The European Union plans to introduce water efficiency targets for member states and industries. The new policy will also set pricing mechanisms to ensure the sustainable use of water resources, particularly in thirsty sectors such as agriculture and industry, according to Euractiv.

This article for the Financial Times highlights the risks that water scarcity poses to companies’ investments and supply chains globally.

China
China approved a proposal to finish construction of a 2,800-kilometer gas pipeline from Russia that will pass through Xinjiang’s Kanas Lake region, a nature reserve of dense forests and rich ecosystems.

Brazil
Brazil may import ethanol from the U.S. until the start of the sugarcane harvest season in late April in a bid to contain rising prices, Bloomberg reports.

The Stream is a daily digest spotting global water trends. To get more water news, follow Circle of Blue on Twitter and sign up for our newsletter.