Turning Lagos Forests Into Climate Revenue Asset Netzence

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turning lagos forests into climate revenue asset netzence

In a bid to increase revenue for the country, Netzence sustainability Limited has said that baseline studies and carbon credits could transform Nigeria's forests and gas flares into global climate-finance opportunities.

speaking yesterday the Founder/ Chief Executive Officer of Netzence, Dr. Sadiq Sani said Air pollution in Lagos has significant health and economic impacts. The World Bank estimates Nigeria loses over six billion dollars annually due to poor air quality, and WHO data links more than 400,000 premature deaths each year to pollution.

Diesel emissions, generators, burning refuse and heavy traffic have made Nigeria one of Africa's most polluted environments. However, the country's forests continue to provide essential services by filtering air, capturing carbon and supporting public health.

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