🇳🇬NigeriaWest Africa
Niger State to establish carbon market office, targets green investment boost
via Punch Nigeria3 min read
The Niger State Government has reaffirmed its commitment to establishing the Niger State Carbon Market Office to position the state as a key player in Nigeria’s emerging carbon market ecosystem. This initiative is part of a broader strategy by the state government to align environmental sustainability with economic growth, revenue diversification, and investment attraction. The Secretary to the State Government, Abubakar Usman, stated that this represents a major milestone in the state’s development agenda, focusing on forward-looking policies under Governor Umar Bago's leadership. The carbon market initiative is viewed as a strategic economic intervention designed to access climate finance, stimulate green investments, create jobs, and strengthen the state’s revenue base. The SSG's office will coordinate policy alignment and collaboration across government institutions, ensuring a whole-of-government approach. The state will adopt a phased implementation approach for efficiency and sustainability. The Governor will provide strategic leadership, the SSG’s office will oversee coordination, and the Ministry of Environment will serve as the interim focal point. The Niger State Carbon Market Office will act as the central coordinating platform. The structure is designed to reduce bureaucracy and improve execution. Niger State will leverage international partnerships and external expertise in areas like carbon accounting, Monitoring, Reporting and Verification, project certificati
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This summary was AI-generated from a story originally published by Punch Nigeria.
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