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Books > Earth & environment > The environment > Environmental economics
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Low-Carbon Development - Opportunities for Nigeria (Paperback)
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Low-Carbon Development - Opportunities for Nigeria (Paperback)
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The Federal Government of Nigeria has adopted an ambitious strategy
to make Nigeria the world's 20th largest economy by 2020.
Sustaining such a pace of growth will entail rapid expansion of the
level of activity in key carbon-emitting sectors, such as power,
oil and gas, agriculture and transport. In the absence of policies
to accompany economic growth with a reduced carbon foot-print,
emissions of greenhouse gases could more than double in the next
two decades. This study finds that there are several options for
Nigeria to achieve the development objectives of vision 20:2020 and
beyond, but stabilising emissions at 2010 levels, and with domestic
benefits in the order of 2 percent of GDP. These benefits include
cheaper and more diversified electricity sources; more efficient
operation of the oil and gas industry; more productive and climate
-resilient agriculture; and better transport services, resulting in
fuel economies, better air quality, and reduced congestion. The
study outlines several actions that the Federal Government could
undertake to facilitate the transition towards a low carbon
economy, including enhanced governance for climate action,
integration of climate consideration in the Agriculture
Transformation Agenda, promotion of energy efficiency programmes,
scale-up of low carbon technologies in power generation (such as
renewables an combined cycle gas turbines), and enhance vehicle
fuel efficiency.
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