In 2005 the Kyoto Protocol set in place a global schedule for the reduction of greenhouse gases, prompting countries across the world to implement specific emission reduction programmes to help them meet their new obligations.
Just two years ago, Nigeria had no such programme in place. Yet, as the country’s widely-read Daily Independent reports, the latest statistics from the United Nations Framework Convention on Climate Change (UNFCCC) show that the country’s carbon emissions reduction performance is now the best in Africa. The dramatic change is attributed to a range of energy efficiency programmes – including initiatives to introduce cleaner cookstoves to the market – and means that Nigeria currently ranks ninth in anticipated certified emissions reductions across the world.
According to the report, Nigeria’s average annual savings earned from Carbon Emission Reduction (CER) credits form 1.03% of the world’s total (behind only China, India, Brazil, the Republic of Korea, Mexico, Indonesia, Malaysia, Chile and Argentina), and are largely driven by four registered Carbon Development Mechanisms. Three of these - the Kwale Recovery of Associated Gas Project, the Ovade-Ogharefe Gas Capture and Processing Project and the Asuoku/Umutu Gas Recovery and Marketing Facility – work to create carbon savings in the gas industry. The fourth, Save 80 Fuel Wood Stoves, is a clean cookstove initiative seeking to make improved wood stoves more readily available in Nigeria.
Speaking to the Daily Independent, CDM expert Victor Fodeke says that CDMs in the country have a bright future. He highlights the fact that seven new projects submitted to the UNFCCC for approval have passed the monitoring stage. Among these projects are two further clean cookstoves initiatives.
This is good news for clean cookstove manufacturers, who hope that these initiatives will help them to offset the costs of production and distribution in Nigeria, and lower the price of the much-needed stoves, making them available to the consumers most impacted by IAP.
Photo Courtesy: Bioenergylists
Read the full story on: Nigeria earns emission credits amid high potential
Read the full story on: Nigeria earns emission credits amid high potential
