The Federal Government of Nigeria (FGN) has formulated an ambitious strategy, known as Vision 20: 2020, which aims to make Nigeria the world’s 20th largest economy by 2020. This book argues that there are many ways that Nigeria can achieve the Vision 20: 2020 development objectives for 2020 and beyond, but with up to 32 percent lower carbon emissions. A lower carbon path offers not only the global benefits of reducing contributions to climate change, but also net economic benefits to Nigeria, estimated at about 2 percent of gross domestic product (GDP).

Natural disasters and climate change are among the greatest threats to development. Although natural disasters have always presented risks, climate change increases those risks and compounds them by adding a greater level of uncertainty. As a result of their increased frequency, the economic and social costs of disasters are mounting (World Bank 2010). Natural disasters and climate change can push people into chronic and transient poverty and force them to adopt negative coping strategies.

The Black Carbon Finance Study Group report finds that existing funds are already in a position to finance businesses, activities, technologies, and policies that will contribute to cutting black carbon emissions, and that several black carbon-rich sectors are sufficiently mature to absorb finance. The report also outlines key strategies and steps needed to scale up black carbon finance over time.  

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Are we doing what we should?
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MIT Climate CoLab: Seeking high-impact climate change solutions
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Time to End Solution Delusion?