Markets - 13/April/2023

Nigeria’s long pathway to carbon neutrality

Nigeria’s plan to reduce its carbon emissions unsurprisingly focuses on electrification and the growth of renewables. But with a history of oil and gas dependence and high levels of energy poverty, the country has some significant hurdles to overcome first

Progress to net zero emissions will be delayed to use LPG as a bridge fuel

FIVE FOCUS AREAS Nigeria’s energy transition plan (ETP) focuses on five sectors responsible for 65% of the nations emissions total

INTERNATIONAL FUNDING International development banks will be required to help fund Nigeria’s $1.9 trillion transition

KEY QUOTE In Nigeria, you have so many other issues to look into, not just in energy or climate change but in other areas that also need finance and capacity competing for interest ...


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