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Tag:Carbon market

Carbon markets aren’t magic pill to scale up CO2 removals – Civil society

Civil society organisations and climate justice groups have reiterated that carbon markets and carbon dioxide removals are a dangerous distraction and a false solution...

Nigeria estimates over $2bn carbon market activation by 2030

The University of Nigeria, Nsukka (UNN) says Nigeria estimated over $2 billion on carbon market activation programme by 2030. Prof. Nnaemeka Chukwuone, Director, Resource and...

NDCs: Council engages stakeholders in carbon market regulation

The National Council on Climate Change (NCCC) has trained a host of stakeholders on the concept of carbon market policy and manual procedure as...

Voluntary carbon markets at COP29: A double-edged sword for Africa’s climate goals

At COP29, Article 6 of the Paris Agreement commanded significant attention, as nations grappled with refining mechanisms to operationalise global carbon markets. These markets,...

IITC condemns COP29’s approval of carbon market as direct threat to Indigenous rights 

The International Indian Treaty Council (IITC) has condemned the November 11, 2024, decision by the 29th session of the Conference of the Parties to...

UN Body adopts historic human rights protections for carbon market mechanism

The UN Body responsible for establishing a new global carbon market took a historic step reinforcing the protection of environmental and social human rights. "This is a defining moment,"...

Extending the dialogue on Nigeria’s carbon market

In several African countries, including Ghana, Kenya, Gabon, Morocco, Senegal, Tunisia, and Malawi, bilateral agreements based on Article 6.2 of the Paris Agreement have...

Nigeria’s carbon market activation blueprint: Identifying potential drawbacks

“Nigeria relies heavily on oil, which contributes to an uncertain political environment for implementing diverse environmental incentives conducive to voluntary carbon markets. Furthermore, commercial...

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Experts take first step towards GEF-9 replenishment

With less than five years on the clock to meet key international environmental targets, experts gathered this week to...
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Coastal highway: Construction begins in Cross River, Akwa Ibom in March

Construction on Sections 3A and 3B of the Lagos-Calabar Coastal Highway, located in Cross River and Akwa Ibom respectively,...

Five candidates cleared for AfDB presidency race – Committee

The race to lead the African Development Bank (AfDB) has officially begun with the release of the list of...

Must read

Experts take first step towards GEF-9 replenishment

With less than five years on the clock to...

Coastal highway: Construction begins in Cross River, Akwa Ibom in March

Construction on Sections 3A and 3B of the Lagos-Calabar...
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