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ARTICLE · 09 SEPTEMBER 2024

Exploring The Potentials For Carbon Credits In Nigeria: Legal Frameworks And Future Prospects

As the world intensifies its efforts to combat climate change, carbon markets have emerged as a key mechanism for reducing greenhouse gas (GHG) emissions.

NigeriaEnvironment

As the world intensifies its efforts to combat climate change, carbon markets have emerged as a key mechanism for reducing greenhouse gas (GHG) emissions. Carbon credits allowcompanies and countries to offset their emissions by investing in environmentally beneficial projects. This concept has become central to global financial sustainability strategies, as it is designed to incentivize the reduction of carbon footprints by assigning a financial value to carbon emissions.

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