ARTICLE
9 September 2024

Exploring The Potentials For Carbon Credits In Nigeria: Legal Frameworks And Future Prospects

SB
Stren & Blan Partners

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As the world intensifies its efforts to combat climate change, carbon markets have emerged as a key mechanism for reducing greenhouse gas (GHG) emissions.
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As the world intensifies its efforts to combat climate change, carbon markets have emerged as a key mechanism for reducing greenhouse gas (GHG) emissions. Carbon credits allowcompanies and countries to offset their emissions by investing in environmentally beneficial projects. This concept has become central to global financial sustainability strategies, as it is designed to incentivize the reduction of carbon footprints by assigning a financial value to carbon emissions.

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