The Executive Director ,Technical Operations of Tantita Security Services, Captain Enisuoh Warredi has proposed a carbon credit scheme to combat climate change in Nigerian coastal communities, potentially generating N320 million annually.
At the African Marine Environment Sustainability Initiative (AFMESI) 4th Annual Symposium and Workshop, Capt. Warredi emphasized the importance of carbon credits in addressing pollution in the Niger-Delta region.
50,000 trees per coastal community can absorb 4,000,000kg of CO₂ annually.
– One carbon credit equals one ton of CO₂, valued at $50.
– Potential earnings: $200,000/year (approximately N320 million).
Call to Action:
Warredi urged maritime operators to prioritize environmental concerns over financial gains, while Hon. Adegboyega Oyetola, Minister of Marine and Blue Economy, reaffirmed the Ministry’s commitment to safety and sustainable blue economy.
Expert Insights:
Dr. (Mrs.) Felicia Mogo, AFMESI President, highlighted the initiative’s focus on innovative financing mechanisms for blue economy projects, aiming to attract investment in sustainable ocean industries.
Attendees:
– Mr. Bola Oyebamiji (NIWA Managing Director)
– Capt. Sunday Umoren (Abuja MoU Secretary General)
– Barr. (Mrs.) Adesuwa Ladoja (Lagos Free Zone Managing Director)
– Hon. Olaitan Williams (Ocean Ambassadors Foundation President)
This innovative approach has the potential to transform Nigeria’s coastal communities, promoting sustainable development and environmental preservation.
