Section 4: Functions and powers of the Council.

The Council shall-(a) coordinate the implementation of sectoral targets and guidelines for the regulation of GHG emissions and other anthropogenic causes of climate change;
(b) approve and oversee the implementation of the Action Plan;
(c) administer the Climate Change Fund established under this Act;
(d) ensure the mainstreaming of climate change into the national development plans and programmes;
(e) formulate policies and programmes on climate change to serve as the basis for climate change planning, research, monitoring, and development;
(f) formulate guidelines for determining vulnerability to climate change impact and adaptation assessment, and facilitate the provision technical assistance for their implementation and monitoring;
(g) recommend legislative, policy, appropriation, and other measures for climate change adaptation, mitigation, and other related activities;
(h) mobilise financial resources to support climate change actions;
(i) collaborate with the Federal Inland Revenue Service to develop a mechanism for carbon tax in Nigeria;
(j) collaborate with the Federal Ministry responsible for Environment and the Federal Ministry responsible for Trade to develop and implement a mechanism for carbon emission trading;
(k) review international agreements related to climate change and make the necessary recommendation for ratification and compliance by the government on matters pertaining thereto;
(l) disseminate information on climate change, local vulnerabilities and risk, relevant laws and protocols, and adaptation and mitigation measures;
(m) advice and recommend on technical, scientific, and legal matters relating to climate change, in accordance with the provisions of this Act;
(n) acquire, hold, or dispose of any property, whether movable or immovable, for the purposes of performing its functions;
(o) supervise the activities of and recommendations by the Secretariat of the National Council on Climate Change with the aim of attaining the objectives of this Act;
(p) collaborate with the Nigeria Sovereign Green Bond in meeting Nigeria's Nationally Determined Contributions (NDCs); and
(q) perform such other functions necessary for the fulfilment of the objectives of this Act.