Section 19: Carbon budget.
(1) The Federal Ministry responsible for Environment shall, in consultation with the Federal Ministry responsible for National Planning-
(a) set carbon budget for Nigeria, to keep average increases in global temperature within 20C and pursue efforts to limit the temperature increase to 1.50C above pre-industrial levels; and
(b) by an order-
(i) set the carbon budget and budgetary period, and
(ii) periodically revise the carbon budget, in line with Nigeria's NDCs and with a view to complying with Nigeria's international obligations.
(2) Prior to setting the pilot carbon budget under this section, the carbon budget shall be presented through the Council to the Federal Executive Council for approval not later than 12 months from the date that this Act is assented to by the President.
(3) Pursuant to subsection (l), the Federal Ministry responsible for Environment shall, not later than 12 months to the end of the carbon budget cycle, set and submit through the Council to the Federal Executive Council for approval, a new carbon budget for the next carbon budget cycle.
(4) Where there is a need to review carbon budget within a carbon budget cycle, the Federal Ministry responsible for Environment shall, within three months of the revision of the carbon budget, submit through the Council to the Federal Executive Council for approval.
(5) Federal Ministry of Environment-
(a) shall publish detailed national, regional and sectoral climate vulnerability and risk assessments that will serve as the basis for the adaptation components of the Action Plan; and
(b) may by an order publish guidelines for measurement, reporting and verification of national emissions that will serve as the basis for the setting and annual review of the carbon budget.
Cite this section
Section 19, CLIMATE CHANGE ACT, 2021 (2021).
https://repo.podus.ai/laws/climate-change-act-2021/section/19/