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Govt to pursue low carbon industrial strategy, says minister

By on March 21, 2011

THE Federal Government has unfolded plans to  pursue a low carbon industrial strategy to achieve Vision 2020 targets.

The strategy was contained in a release signed by Michael Donovan,  press secretary, International Centre for Energy, Environment and Development (ICEED) and given to the News Agency of Nigeria, on Friday in Abuja.

The centre is a Non-Governmental Organisation (NGO).

The release stated that the Minister of Environment, John Odey, said this at a National Workshop on Developing a Low Carbon Industrial Strategy for Nigeria, in Abuja.

The minister, represented by Dr. Samuel Adejunwo, head, Special Climate Change Unit of the ministry, expressed optimism that through such move, there would be growth in employment.

Odey said that it would also lead to reduction in emission of greenhouse gases from the atmosphere.

Speaking at the workshop, the Director of ICEED, Mr. Ewah Eleri said, “the low carbon industrial strategy will articulate government and private sector actions that will lead to rapid industrialisation, through low carbon emission technologies.’’

Mr. Muyi Kazim, head of the Carbon Desk, Standard Bank, also said that Nigeria required clear and stable policy framework that would send the right signal to the investment community to participate in such project.

He argued that enhancing the pipeline of finance to low carbon industries would depend on the stability of the policy framework.

In a keynote address, Dr. Patrick Kormawa, the UNIDO representatives in Nigeria expressed the determination of the organisation “to support the Federal Government in developing clear strategies for expanding low carbon industrialisation.”

Stakeholders at the workshop agreed that energy, cement and textile sectors should be Nigeria’s priority in stimulating low carbon growth. They also resolved to set up a multi-stakeholders committee to develop a low carbon industrialisation blue-print for the country.

The workshop was organised by the Federal Ministry of Environment, Federal Ministry of Commerce and Industry in collaboration with Global Climate Network (GCN) and ICEED.

Source : Guardian