Clara Omuluzua Madubike | I-Witness News
Anambra State Commissioner for Environment, Engr. Dr Felix Odimegwu has stated that Carbon market activation will help Anambra and Nigeria to generate revenues and attract investors through carbon financing and credits
Dr Odimegwu made this known when he alongside other state commissioners attended a workshop tagged 3-day stakeholders engagement on Nigeria’s Carbon market policy and manual of procedure. The programme which was organised by National Council on Climate Change Secretariat with support from UNDP, the EU, UK government was held in Abuja from 11th to 13th November, 2024.
Speaking at the training, Dr Odimegwu stated that the issue of carbon market, carbon financing has been vague, but with the integration, bringing together of the sub-nationals and all those that matter in the environmental ecosystem to really unbundle this carbon market issue that it will be a win-win for everyone
Furthermore, he stated that the workshop will enhance a lot of Environmental projects in Anambra as the state was trying to transition completely from fossil fuel powered lights to solar lights, and with the ongoing urban reforestation, planting at least a million trees every year, the state would get credits for these projects because they are very bankable green projects that can be financed.
Speaking at the event, the Director General, NCCCS, Dr. Nkiruka Chidia Maduekwe welcomed participants to the training and said that the Federal government was very keen to strengthen the federal–states relationship in building a virile carbon market.
Mrs Maduekwe expressed that the workshop sought to sensitize stakeholders to new policies, regulations and procedural framework, provide high level training on carbon market operation/dynamics and also define the roles and responsibilities of all stakeholders, build capacity of National designated authorities (NDAs) for effective oversight and implementation