Climate change: House urge FG to implement carbon credit scheme

The House of Representatives has called on the Federal Government to direct the National Council on Climate Change in collaboration with relevant ministries to immediately, implement impact of climate change in the country with a view to reduce the effect.

The Carbon Credit is a policy where industries are encouraged to reduce their carbon footprint to earn calculated carbon credit, per ton of carbon, while industries which exceed emission thresholds are sanctioned with fines.