Tinubu Approves Carbon Market, CCF Plan to Unlock $3bn Climate Funds

Tinubu Approves Carbon Market, CCF Plan to Unlock $3bn Climate Funds

In a major boost to Nigeria’s climate ambitions, President Bola Ahmed Tinubu has approved the National Carbon Market Framework and the operational business plan for the Climate Change Fund (CCF), positioning the country to generate up to $3 billion annually from global carbon trading.The landmark decision, announced during a high-level meeting of the National Council on Climate Change chaired by Vice President Kashim Shettima, also restores full…

COP30: Tinubu approves national carbon market framework - EnviroNews - latest environment news, climate change, renewable energy

President Bola Tinubu has approved the adoption of National Carbon Market Framework, the operationalisation of the Climate Change Fund and the restoration of the National Council on Climate Change (NCCC) to the budget line. The approvals followed a presentation by the Director-General of NCCC, Mrs. Omotenioye Majekodunmi, at the second meeting of the council held at the Presidential Villa, Abuja. Tinubu, represented by Vice-President Kashim Shet…

Nigeria targets $3bn annually as FG approves National Carbon Market Framework ahead of COP30

Ahead of the 30th session of the United Nations Climate Change Conference in Brazil, President Bola Ahmed Tinubu has approved the adoption of a National Carbon Market Framework, the operationalization of the Climate Change Fund. The goal is to establish and manage Nigeria’s participation in carbon markets, enabling the nation The post Nigeria targets $3bn annually as FG approves National Carbon Market Framework ahead of COP30 appeared first on N…

Ahead of UN COP 30 in Brazil, FG okays National Carbon Market Framework

Nigeria to access $3bn annually as President sets agenda for country’s participation Ahead of the 30th session of the United Nations Climate Change Conference in Brazil, President Bola Ahmed Tinubu has approved the adoption of a National Carbon Market Framework, the operationalization of the Climate Change Fund. The goal is to establish and manage Nigeria’s … The post Ahead of UN COP 30 in Brazil, FG okays National Carbon Market Framework appear…