At the recently concluded Abu Dhabi Sustainability Week (ADSW) 2026, Nigeria formally launched its Carbon Market Framework, marking a significant milestone in the country’s climate action agenda and its ambition to emerge as a key participant in the global green economy.
Beyond the announcement, important questions remain around the Framework’s legal architecture, institutional arrangements, market integrity safeguards, investor protections, and the practical pathways through which Nigeria intends to operationalise carbon trading in alignment with its climate commitments.
In this article, we undertake a detailed review of the Carbon Market Framework, examining its legal foundations, governance structure, the interaction between compliance and voluntary markets, and what it means for carbon trading, investment flows, and Nigeria’s broader climate strategy.
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