Tag:Carbon market

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...

UN Body charts a path for robust carbon market rules ahead of COP28

In a step aimed at bolstering global climate efforts, a United Nations Body has reached consensus on key regulatory documents to operationalise a new...

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How Europe can use emissions trading to also manage carbon removals

The emissions trading system launched by the European Union in 2005 could one day also be used to capture...
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WorldStage president wants govt to compel Nigerian firms to commit 80% of advert budget to local media

The President/CEO, WorldStage Limited (WorldStage), Mr. Segun Adeleye, has proposed that the Federal Government of Nigeria should issue an executive order to compel corporate organisations in the country to devote...

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How Europe can use emissions trading to also manage carbon removals

The emissions trading system launched by the European Union...

WorldStage president wants govt to compel Nigerian firms to commit 80% of advert budget to local media

The President/CEO, WorldStage Limited (WorldStage), Mr. Segun Adeleye, has proposed that the Federal Government of Nigeria...