Carbon Exchange Trade (CET) in partnership with New Nigeria Foundation (NNF), Nigerian-German Business Association (NGBA), SMEFUNDS and Green Energy & Biofuels, organized a dialogue session on the theme- “Climate Change, Carbon Emission Reduction & Economic Diversification Taking Action for Sustainable Future”, under the distinguished chairmanship of Professor Obafemi Ajibola of New Nigeria Foundation. The event was held at theNigerian German Business Association’s office, Plot 1702, Violet Yough Close, Victoria Island, Lagos on 18th August 2015 with about 40 people in attendance from corporate and civil society organizations, foundations, research institutions, business associations, the media and academia. Presentations were made by Dr. Olufemi Olanrewaju of Resource Innovation and Solutions Network Nigeria (RISNN); Dr. Dara Akala of Foundation for Partnership Initiatives for Niger Delta (PIND); Mr. Femi Oye of SMEFUND; and Mr. Innocent Azih of CET. The presentations and discussions highlighted issues of global warming, impact mitigation, economic and environmental resilience, energy efficiency and investments, carbon emission reduction and wealth creation through carbon pricing. A key outcome of the dialogue session was the endorsement for the formation of the Carbon Pricing Leadership Coalition in Nigeria. The coalition was formed to partner with the World Bank’s Carbon Pricing Leadership Coalition. It was established to create the necessary awareness among policy, economic and civil society actors in the country on the mechanism and opportunities in climate change mitigation, particularly through carbon pricing. The coalition is expected to engage in global advancement of carbon emission reduction and overall environmentalpreservation; enable Nigeria attain a low-zero carbon economic growth and diversification. The group would be a Local Action Hub for climate mitigation, carbon pricing and renewable energy activities including projects/programmes development/implementation, education, wealth/opportunity creation and international engagements.
The annual staff retreat of the Foundation was held on the 5th and 6th February 2015 at Palazzo Hotel, Lekki, Lagos. The retreat was attended