Governments and their appointed regulatory bodies are fast
recognizing the importance of sustainability and responsible
business practices across the world and Nigeria is not an
exception. In recent years, Nigeria has made some
remarkable strides in acknowledging the importance of
sustainability with the introduction of some legislative
provisions, establishment of agencies amongst other actions.
In line with the Paris Agreement signed in 2015 and the
Nationally Determined Contribution (NDC) submitted by Nigeria to
the United Nations Framework Convention on Climate Change (UNFCCC),
Nigeria pledged to reduce its greenhouse gas emissions by 20% by
2030. As a signatory to various international agreements and
accords that are focused on climate change and environmental
conservation, the country is expected to convert its commitments
into actionable policies in the coming years.
