International
Stakeholders Design Framework to Maximize Nigeria’s Carbon Market
Stakeholders Design Framework to Maximize Nigeria’s Carbon Market
By: Michael Mike
The National Council on Climate Change (NCCC) and the United Nations Development Programme (UNDP) have gathered stakeholders in the environmental sector to prepare framework for Nigeria’s carbon market, which has potential of unlocking major industrial revolution in the country.
Speaking at the workshop on Nigeria’s Carbon Market Framework: Article 6 Training & Implementation Design organised by NCCC and UNDP in Abuja, the Minister of Environment, Balarabe Abbas Lawal said It is essential to note that carbon markets present very important tool to reach global climate goals in short and medium term.
The Minister who was represented at the workshop by the Permanent Secretary in the Ministry of Environment, Mahmud Adam Kambari noted that carbon markets
could help to mobilize resources and reduce costs to give countries and companies the space to smooth the low-carbon transition and be able to achieve the goal of net zero emissions in the most effective way possible.
While admitting that Nigeria’s carbon market is an emerging market that is yet to actualize its full potential, Lawal said: “The need to unlock its opportunities is pivotal to promoting sustainable growth, stimulate economic development and mitigate climate change. The country’s carbon market would serve as an attraction for climate finance and as a means to curb greenhouse gas emissions.”
The Minister said: “Nigeria has the potential to produce million tons worth of carbon credits annually by 2030 through projects like Reforestation, Renewable energy, Waste to energy, Improved cook stove,” insisting that: “Unlocking Nigeria’s Carbon market opportunities holds potential for sustainable growth, economic development and climate change mitigation. Collaborating with international partners, capacity building and targeted investments can help actualize these potentials.”
He added that: “Nigeria has over the years shown increasing interest in reducing its emissions through engagement in relevant partnerships and initiatives. This has been demonstrated in our NDC (Nationally determined contribution), the long-term low emission development strategies and the country’s interest to consider cooperative climate action under Article 6 of the Paris Agreement. In the updated NDC submitted in 2021, based on the new mitigation analysis, “Nigeria restates its commitment to its unconditional target to reduce GHG emissions by 20% below business-as-usual by 2030, and increases its conditional target to 47% below business-as-usual by 2030 on the condition of receiving appropriate support. All these initiatives are pointers to Nigeria’s efforts in reducing its GHG emissions.
“However, in view of achieving and implementing Nigeria’s NDC, it is timely to consider the different approaches for carbon market necessary to steer the country on the trajectory of low-carbon policies while considering national priorities such as socio-economic development and sustainable development. Considering this, the goal of this workshop is to delve deeper into the intricacies of Article 6, with a focus on operationalization and advancing the development of Nigeria’s Article 6 Framework.”
On his part, the Director General of the
National Council on Climate Change (NCCC), Dr. Salisu Dahiru said: Despite its low level of emissions, Nigeria has the potential for a range of carbon mitigation activities above and beyond the planned activities of the NDC that may allow it to access carbon finance through trading to assist its ambitious goal to become a developed, carbon-neutral, and climate-resilient economy by 2060.”
He added that: “Thus, as the marketplace for carbon trading is emerging, it will be of great importance to explore opportunities and identify implications and risks associated with carbon market under the PA’s Article 6 in Nigeria.”
Dahiru explained that: “Participating in Article 6 necessitates a country-led, efficient, and robust institutional architecture with high-level engagement and monitoring. The arrangement must have legal and administrative authority to effectively implement Article 6 on behalf of the national government. The National Council on Climate Change (NCCC) is Nigeria’s National Designated Article 6 Authority (NDAA), responsible for overseeing all Article 6-related activities and transactions. NCCC authorizes and approves Article 6.2 and Article 6.4 projects that accord with national interest.
- “Nigeria is also establishing an Article 6 Technical Committee (A6.TC) to coordinate engagement across all government ministries and departments. A6.TC members will review progress, challenges, and investment prospects in their respective industries. The team will assess the impact of current and upcoming cooperation agreements on the country’s NDC attainment, sustainable development benefits (including green job creation), and financial resource mobilization.”
He told the stakeholders that: “This workshop is therefore timely, as there are a lot of interest on Article 6. Operationalization of Article 6 of the PA is one of the core role of NEYEN, so we can explore their expertise to understand carbon market and how it works. I therefore call on commitments and cooperation from relevant sectors to ensure successful deliberation and accomplishment of the goals of the workshop.”
Stakeholders Design Framework to Maximize Nigeria’s Carbon Market
Pakistani Armed Forces Remain largest contributors to UN peace keeping –Envoy
By: Michael Mike
The High Commissioner of Pakistan to Nigeria, Sohail Khan has said the Pakistani Armed Forces remain the largest contributors to the United Nations’ peacekeeping operations across the globe, a position that has been maintained since 1960.
Khan, who is a retired Major General in the Pakistani military, made this known at the Pakistani High Commission in Abuja on Friday during Pakistan’s Defence and Martyrs Day celebration, which is held annually on September 6 since 1965.
He noted that the commemoration day was to pay homage to the armed forces of Pakistan who protected the motherland from internal and external aggression with bravery.
He disclosed that 23,900 officers and five Generals had sacrificed their lives in the Global War against Terrorism, with Pakistan losing over US$152 billion in the process.
The High Commissioner said Pakistan has kept responsible nuclear state status and the armed forces’ management of the command and control system has been distinguished.
He emphasised that one major significance of the occasion is honouring martyrs and members of the armed forces for their dedication and sacrifices.
On his part, the Defence Advisor at the High Commission, Col. Mushtag Kamran stated that September 6 signified the unflinching resolve, unity, and sense of sacrifice to defend the motherland at all costs.
He praised the sons of the soil who sacrificed their lives to protect freedom and sovereignty, urging others to strive for a better tomorrow.
The event was attended by senior Nigerian Armed Forces officers, ambassadors, attachés, and diplomatic corps, and featured traditional Pakistani cuisine, with a pledge from Pakistani officers to continue to defend the motherland following the footsteps of martyr.
Pakistani Armed Forces Remain largest contributors to UN peace keeping –Envoy
US Provides $6.5 million for Flood Related Humanitarian Needs in Nigeria
By: Michael Mike
The United States, through the U.S. Agency for International Development (USAID), is providing more than $6.5 million to the International Organization for Migration (IOM) to address flood-related humanitarian needs across Nigeria.
According to a statement on Thursday by
the Development Outreach and Communications Team of USAID, the funding is part of USAID’s Fiscal Year 2024 support and will enable local partners to respond to flooding and other disasters.
The statement revealed that IOM is allocating $3 million to address flood-related humanitarian needs across the country.
Flooding has affected over 619,000 people in 29 Nigerian states since mid-August, according to Nigeria’s National Emergency Management Agency. The floods have claimed 210 lives, displaced nearly 228,700 people, and damaged more than 84,800 homes.
According to the statement, this response is part of a larger humanitarian assistance effort. In Fiscal Year 2024, USAID has provided nearly $100 million in previously announced funding to Nigeria to respond to the urgent needs of those impacted by disasters, including floods.
USAID Mission Director, Melissa Jones said:
“The United States remains committed to supporting the people of Nigeria as they face the challenges posed by climate change and increasingly frequent natural disasters. Our enduring partnership is rooted in a long history of delivering humanitarian aid across the nation.”
US Provides $6.5 million for Flood Related Humanitarian Needs in Nigeria
U.S. Donates 10,000 Doses of Mpox Vaccines
By: Michael Mike
United States government, through the U.S. Agency for International Development (USAID) has donated 10,000 doses of the mpox (formerly referred to as “Monkeypox”) vaccine to its Nigerian counterpart to support the nation’s ongoing efforts to respond to the current mpox outbreak.
Mpox is an infectious viral disease that occurs in humans and animals. It can be transmitted through close contact including sexual interactions. The prevention of mpox is through vaccination. Individuals of 18 years of age and older are determined to be at high risk for mpox infection and highly recommended to take the vaccine.
The vaccine is a two-dose primary series for use in persons who have never received smallpox vaccine and a single booster for individuals previously vaccinated with a smallpox vaccine
The U.S. Ambassador Richard Mills, speaking at the event to hand over the vaccines to the National Primary Healthcare Development Agency, said: “We are pleased to know that this is a timely donation that will reach the affected areas across the country and those who are most vulnerable to mpox infection.”
He added that: “We encourage the Government of Nigeria to continue to mobilize domestic resources to secure more vaccines to combat mpox.”
It has been reported that the federal government has prioritized five states (Bayelsa, Edo, Cross-River, Lagos, and Rivers) with the highest burden of mpox cases. The vaccines are expected to be given to those most at risk of mpox including close contacts of mpox cases and frontline healthcare workers with a provision for reactive vaccination in other states as the need arises.
When questioned on the safety of the vaccine, Mills said: “Yes, the vaccine is safe. Safety tests have been conducted during clinical trials, and the National Agency for Food and Drug Administration and Control reviewed the results of these trials before granting approval for the use of the vaccines in Nigeria.”
USAID in a statement on Tuesday promised to continue to provide technical support and collaborate with the Government of Nigeria to improve prevention, preparedness, detection, response, and resilience to infectious disease outbreaks.
It said it is also supporting the Government of Nigeria with strengthening primary health care and routine immunization systems as well as supporting overall systems strengthening including health, education, nutrition, governance systems, and the rule of law.
U.S. Donates 10,000 Doses of Mpox Vaccines
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