Nigeria To Pursue Low Carbon Industrial Strategy
The Nigerian government has said that it will pursue a low carbon industrial strategy to achieve vision 2020 targets.
This is contained in a release signed by the Press Secretary, International Centre for Energy, Environment and Development (ICEED), Michael Donovan.
The centre is a Non-Governmental Organisation (NGO)
According to the statement, the Minister of Environment, Mr John Odey, stated this at a National Workshop on Developing a Low Carbon Industrial Strategy for Nigeria, in Abuja.
The minister expressed optimism that through such move, there would be growth in employment.
Odey said that it would also lead to reduction in emission of greenhouse gases from the atmosphere.
Speaking at the workshop, the Director of ICEED, Mr Ewah Eleri said that the low carbon industrial strategy would articulate government and private sector actions leading to a rapid industrialisation, through low carbon emission technologies.
Head of the Carbon Desk, Standard Bank, Mr. Muyi Kazim, also said that Nigeria required clear and stable policy framework that would send the right signal to the investment community to participate in such project.
He argued that enhancing the pipeline of finance to low carbon industries would depend on the stability of the policy framework.
UNIDO representatives in Nigeria, Dr Patrick Kormawa, expressed the determination of the organisation "to support the Federal Government in developing clear strategies for expanding low carbon industrialisation”.
Stakeholders at the workshop agreed that energy, cement and textile sectors should be Nigeria’s priority in stimulating low carbon growth.
They also resolved to set up a multi-stakeholders committee to develop a low carbon industrialisation blue-print for the country.
The workshop was organised by the Federal Ministry of Environment, Federal, Ministry of Commerce and Industry in collaboration with Global Climate Network (GCN) and ICEED.