Environment minister explains how Nigeria will achieve net zero


The Federal Ministry of Environment has presented a roadmap for Nigeria to achieve net zero including the scale of financing, renewables to be deployed and the importance of transition fuels.

Speaking in Abuja recently, the Minister of State for Environment, Sharon Ikeazor, stated that to “meet our Nationally Determined Contribution (NDC) target and fast track our low carbon development pledges to the United Nations Framework Convention on Climate Change (UNFCCC), the Nigerian Sovereign Green Bond was issued in line with our Economic Recovery Growth Plan (ERGP).”

She explained that these Green Bonds are used in financing environmentally friendly projects through debts tied to…

Source: Nigerian Tribune