Africa > COP28: Nigeria to fast-track national carbon market strategy via new committee

COP28: Nigeria to fast-track national carbon market strategy via new committee

Published 14:31 on December 3, 2023  /  Last updated at 14:31 on December 3, 2023  / Allison Gacad /  Africa, Carbon Taxes, Climate Talks, International, Voluntary

President Bola Tinubu of Nigeria outlined plans to accelerate the country's carbon market with the launch of a draft plan for the new committee to include an emissions trading scheme, carbon registry, and a framework for the development of carbon credits for the voluntary carbon market at COP28 in Dubai, amid several months of stalled agreements regarding a national strategy.
President Bola Tinubu of Nigeria outlined plans to accelerate the country's carbon market with the launch of a draft plan for the new committee to include an emissions trading scheme, carbon registry, and a framework for the development of carbon credits for the voluntary carbon market at COP28 in Dubai, amid several months of stalled agreements regarding a national strategy.


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