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Reading: The Nigeria Day ends on a remarkable note at #COP29 in Baku, with a bilateral contract agreement signing between Niger State Government and FutureCamp, Germany
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Democracy Newsline Newspaper > International > The Nigeria Day ends on a remarkable note at #COP29 in Baku, with a bilateral contract agreement signing between Niger State Government and FutureCamp, Germany
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The Nigeria Day ends on a remarkable note at #COP29 in Baku, with a bilateral contract agreement signing between Niger State Government and FutureCamp, Germany

Democracy Newsline
Last updated: 2024/11/22 at 8:06 AM
Democracy Newsline 2 years ago
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The Nigeria Day ends on a remarkable note at #COP29 in Baku, with a bilateral contract agreement signing between Niger State Government and FutureCamp, Germany

 

The Niger State delegation led by the Secretary to the State Government, Alhaji Usman Abubakar on the sideline of the Nigeria Day at #COP29 in Baku, Azerbaijan, signed a contractual agreement with an International reputable management consulting firm, FutureCamp of Germany. This special event was witnessed by the Honourable Ministers of Regional Development, Power, and the head of the Nigeria delegation at COP29, the Minister of Environment, Alhaji Balarabe Abbas Lawal.

 

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You may recall, earlier in September 2024, Farmer Governor Mohammed Umaru Bago signed into law, an act establishing the *Niger State Agency for Green Initiatives (NGSAGI)*. The new inter-ministerial agency will serve as a dedicated body, tasked with the responsibilities of the implementation of Niger State Blueprint for a transition to Green Economy.

 

This is a testament of His Excellency, the Governor of Niger State’s unwavering commitment to environmental conservation and the transition towards a greener and more sustainable future. A promise he made at #COP28 in Dubai to open up the state and build its technical capacity for carbon markets and carbon market activation.

 

FutureCamp, founded in 2001, is a management consulting firm based in Munich, Germany with services focusing on mandatory and voluntary carbon markets as well as national and international climate policies. Its services support private and public sector stakeholders with strategic consulting and operational implementation services in the context of Emissions Trading Systems (ETS).

 

The engagement of FutureCamp will activate the carbon market potentials and assist Niger State Government in meeting its objective of attracting over N1Trillion in resources and investments. Additionally, FutureCamp will assist Niger State and Nigeria in general, to build technical capacity, develop institutional and regulatory frameworks, grow carbon registry, and also establish global partnerships on carbon market activities.

 

In his closing remarks, the Hon. Minister of Environment, called on other sub-nationals to emulate Niger State approach and ensure they collaborate closely with the Ministry of Environment and the National Council on Climate Change (NCCC) in their development of the necessary tools, data and technical capacity to use Article 6 carbon markets, strategically aligned with the targets for Nationally Determined Contributions (NDCs) implementation and long-term goal of the Paris Agreement.

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