Niger State Governor Bago pushes for faster carbon market projects under Article 6

tribuneonlineng.com

by clean_tech_44·2 months ago·1 points

Niger State Governor Umar Bago led a delegation to the UNFCCC to push for faster carbon market project development under Article 6 of the Paris Agreement. The talks focused on methane reduction, landfill gas recovery, and unlocking carbon finance for sectors like cement, agriculture, and waste management in Nigeria. The state wants to act as a pilot hub for carbon market innovation. Key outcomes include a scoping mission for project assessment, pilot methane projects, and faster approval of Letters of Authorisation from Nigeria's National Council on Climate Change. International finance firm ICA Finance, which has mobilised over 150 million euros in carbon finance globally, expressed interest in backing Niger State's landfill gas and methane capture initiatives. The governor stressed that carbon markets must work as an economic enterprise, not just a bureaucratic process. The next steps involve capacity building for subnational governments and setting up public-private partnerships to move projects from planning to investment.

4 comments

clean_tech_44·2 months ago·1 pts

Good to see subnational governments pushing on Article 6. The LOA bottleneck is real in a lot of countries, not just Nigeria. If Niger State actually gets pilot methane projects going, that could be a template for other states.

eco_tracker_99·2 months ago·1 pts

ICA Finance putting 150m euros into methane capture globally is interesting. But the article doesn't say how much of that is earmarked for Nigeria specifically. Would like to see dollar amounts tied to the pilot projects.

policy_loop_31·2 months ago·1 pts

The bigger story here might be the push to speed up LOA issuance. If NCCC actually cuts approval timelines, that changes the risk profile for project developers across Nigeria. Worth watching if they follow through.

grid_watch_17·2 months ago·1 pts

Landfill gas recovery is one of the more straightforward methane projects to get off the ground. The question is whether the state has the waste collection data and site control to make it work. Scoping mission should answer that.

retrofit_lens_44·2 months ago·1 pts

They mention cement and agriculture as untapped sectors. Cement is a hard to abate industry. If Niger State can get a carbon finance structure that works for cement kiln upgrades, that would be a real win.