
24/07/2025
Advancing Nigeria’s Climate Goals: The Path To A Comprehensive National Carbon Budget
Nigeria stands at a pivotal moment in addressing the pressing climate challenges that threaten both its environment and economy.
Under the renewed hope agenda of President Bola Ahmed Tinubu GCFR, the nation’s commitment to developing a credible and comprehensive National Carbon Budget underscores its dedication to fulfilling international climate obligations, particularly under the Paris Agreement.
Minister of Environment, Malam Balarabe Abbas Lawal, delivered a keynote address emphasizing that this initiative is not merely a technical requirement but a national imperative that calls for collaborative efforts across all sectors of society.
"It offers a unique opportunity to harmonize climate policies with sustainable economic growth, social development, and environmental preservation.
The Climate Change Act of 2021 mandates the Federal Ministry of Environment, in consultation with the Ministry of Budget and Economic Planning, to establish and periodically revise the carbon budget in alignment with Nigeria’s Nationally Determined Contributions (NDCs). This legal framework reinforces Nigeria’s resolve to implement ambitious emission reduction targets and comply fully with its international commitments.
"The success of Nigeria’s National Carbon Budget depends heavily on the active participation of diverse stakeholders. The Ministry of Environment and its agencies are prepared to provide strategic oversight and policy guidance.
"Stakeholders are called upon to champion accountability and inclusiveness throughout the process. The academia is expected to contribute vital data, insights, and technological innovations, while development partners are encouraged to support through funding, capacity building, and knowledge exchange. The private sector’s role is equally critical, as it drives innovation, investments, and the adoption of sustainable practices essential for developing a vibrant carbon market. Through these collective efforts, Nigeria can unlock significant environmental, social, and economic benefits.
"Adequate and sustainable funding is essential to ensure the integrity and effectiveness of the carbon budget development process. Financial resources are required for accurate data collection, scientific research, capacity building, stakeholder engagement, and the establishment of robust monitoring, reporting, and verification systems. Nigeria recognizes that climate action demands investment not only from the government but also from development partners, the private sector, and international climate finance mechanisms.
"The country is committed to mobilizing these diverse funding sources to build a resilient, transparent, and impactful carbon management framework.
"The journey toward carbon neutrality and climate resilience is a collective endeavor that requires shared knowledge, unwavering commitment, and collaborative action. This initiative represents more than a policy framework; it is a national opportunity to build a sustainable, resilient, and equitable Nigeria for current and future generations.
"In conclusion, all stakeholders are urged to engage fully, collaborate sincerely, and champion this cause. Their expertise, resources, and dedication will be the foundation of Nigeria’s success in climate action, environmental stewardship, and sustainable development. Through united efforts, Nigeria can realize its full potential in addressing climate change and securing a sustainable future."
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