Nigeria NCCC calls for stronger carbon verification and digital MRV to grow carbon market
newnationalstar.comNigeria's National Council on Climate Change is pushing for stronger carbon verification as the country tries to turn its carbon market framework into something investors trust. At an EU Climate Dialogues roundtable in Abuja, NCCC leadership called for a unified national carbon registry and digital measurement, reporting and verification using remote sensing, IoT sensors, geospatial data and distributed ledger technology. The aim is to make Nigerian carbon projects bankable and attract climate finance. The EU side laid out a concrete demand signal. The bloc's 2040 target includes at least 85% domestic emissions cuts and allows up to 5% high-quality international carbon credits under Article 6 from 2036. That means Nigeria has a window to build the accounting and verification systems buyers will accept. The roundtable also flagged forestry as a weak spot. Officials from the Ministry of Environment want stronger forest inventories, satellite monitoring and independent verification, with clear responsibilities across agencies. For developers, the immediate items to watch are final carbon market regulations, sector-specific MRV guidelines and local verification capacity.
