Gov Umaru Bago of Niger State is set to receive myclimate experts as the state intensifies efforts to attract UN climate finance and develop viable carbon-market projects.
The delegation will visit Nigeria from August 23 to 28 for a technical feasibility mission to assess potential carbon-market projects in Niger.
According to reports made available to newsmen, the discussions will focus on strengthening Niger’s participation in international carbon markets.
In the statement signed by Malam Aliyu Umar, Project Coordinator, Niger State Carbon Market Project, the mission will also examine regulatory requirements for activities under Article 6.4 of the Paris Agreement.
The agreement provides a framework for international carbon-market cooperation
Umar said the visit follows strategic discussions involving myclimate, the Niger Government and ICA Finance in Bonn, Germany, on the sidelines of UNFCCC’s 64th session.
Myclimate Foundation is an international climate protection organisation and carbon project developer with roots in Switzerland and Germany.
“It will also provide expert assessments of feasible landfill and alternative waste-management carbon-project pathways across Niger State,” he said.
Umar added that another expected outcome is an objective assessment of the state’s readiness to implement high-integrity carbon projects under applicable international frameworks.
He said the state government is expected to facilitate access to relevant sites and stakeholders to enable experts to collect baseline information.
According to him, the information will support the development of bankable carbon-market and climate-finance opportunities capable of attracting international investment to Niger.
He said the initiative is part of efforts to position Niger to benefit from emerging international carbon markets and climate-finance opportunities under the Paris.