Nigeria's NCCC Rejects Greenwashing in Carbon Markets

The National Council on Climate Change (NCCC) in Nigeria, led by Director-General Omotenioye Majekodunmi, has asserted that the country will not tolerate carbon markets that lack integrity or contribute to greenwashing. Speaking at the European Union Climate Dialogue programme, Majekodunmi, represented by NCCC's Director of Energy, Transportation and Infrastructure, Michael Ivenso, emphasized the necessity for carbon projects to deliver measurable environmental and economic benefits.

He stated that the integrity of carbon credits is crucial for the success of global carbon markets, warning that without credible verification systems, the market could collapse. Majekodunmi outlined Nigeria's commitment to ensuring that carbon projects yield real, additional, and permanent mitigation outcomes while benefiting communities and ecosystems.

He also mentioned the operationalization of Measurement, Reporting, and Verification (MRV) systems as essential for market credibility and announced plans for a unified national carbon registry to prevent double-counting of carbon credits. The NCCC aims to utilize digital MRV technologies to enhance accuracy and reduce verification costs.