Nigeria establishes a carbon market committee to create a $2.5B sustainable carbon market for climate change combat.

Nigeria has formed a Committee for the Carbon Market Activation Plan, aiming for a $2.5 billion sustainable carbon market to combat climate change. The country is committed to net zero emissions by 2060, supported by policies like the Climate Change Act of 2021. At the Africa Climate Forum 2024, Vice President Kashim Shettima stressed the need for collective efforts among all sectors to effectively tackle climate challenges and achieve sustainable development goals.

October 14, 2024
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