Director General of the National Council on Climate Change (NCCC), Dr Salisu Dahiru has said that Nigeria will address some of the climate challenges with carbon pricing intiative which is currently taking place in the country.
The DG disclosed this at a workshop for the assessment of carbon pricing initiatives in Nigeria held on Wednesday, July 5, 2023, in Abuja.
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He said as far as Nigeria is concerned, the carbon trading scheme is an aspect of national policy, and also a national priority to put in place all the measures needed to address all our mitigation challenges.
“Carbon pricing is one of the foundational work that is needed to be done in order to prepare Nigeria for participating in the emissions trading scheme for which the process had begun,“ the D-G said.
Dahiru said the validation workshop would enable Nigerians to be familiar with the processes of understanding carbon pricing to meet Nigeria’s input.
“A situation where the ongoing carbon trading schemes are all over the place are being done without recourse to the designated national authority for the United Nations Framework Convention on Climate Change (UNFCCC) in Nigeria has to stop.
“We will ensure that every opportunity for harvesting emissions reduction certificates from ongoing activities in Nigeria is linked to our NCCC.
“Carbon trading is not going to be limited only to the NCCC but to all the MDAs or sectors that are interested in pursuing projects that can end carbon credit.”
Envronews reports that the DG expressed optimism that the workshop would facilitate one of the robust carbon trading systems in Africa and also lay the foundation for stakeholders in Nigeria to work towards achieving this target.
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