Ghana E-Bike Maker Approved to Sell CO2 Credits to Switzerland

Wahu Mobility, a Ghanaian startup that manufactures electric bikes, has entered a deal to sell carbon credits to Switzerland, marking the world’s second e-mobility transaction in a nascent market for offsets.

Wahu plans to roll out about 117,000 e-bikes to delivery riders over the next five years, and track emissions avoided by using vehicles that don’t consume petrol. The project seeks to cut 752,684 tons of CO2 equivalent by 2030, according to a document posted Wednesday on the website of Switzerland’s Federal Office for the Environment.