• About Us
    • Àtẹ́lẹwọ́ Podcast
  • Contact
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Sitemap
Freelanews
Advertisement
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
Freelanews
No Result
View All Result
Home Environment

UK backs Nigeria’s Gashaka Gumti Carbon Project

Nigeria’s largest national park gains global carbon funding boost

Peculiar Adirika by Peculiar Adirika
September 17, 2025
in Environment, Sustainability
0
Gashaka Gumti Carbon Project

UK backs Nigeria’s Gashaka Gumti Carbon Project, boosting forest regeneration and community livelihoods through nature-based climate funding

UK backs Nigeria’s Gashaka Gumti Carbon Project in a major stride towards nature-based climate action.

Also read: UK funds project to reduce carbon emission, others in Nigeria

The project, centred on Nigeria’s largest national park, has been selected as one of the inaugural beneficiaries of the UK-backed Carbon Accelerator Programme for the Environment (CAPE).

Chosen from over 100 applicants across 28 African nations, the Gashaka Gumti Forest Carbon Project is one of only four initiatives to receive feasibility and development support.

The programme aims to catalyse investment into projects that mitigate emissions, enhance carbon sequestration, and promote biodiversity while empowering local communities.

Located in Taraba and Adamawa States, Gashaka Gumti National Park is one of West Africa’s most vital ecological zones.

The project will focus on regenerating degraded forests, protecting endangered species, and enabling sustainable community livelihoods.

Alongside Nigeria, selected projects include Kenya’s Papariko Mangroves, Tanzania’s Rubeho Mountains, and Zambia’s Barotse Rangelands—each representing different ecological systems on the continent.

According to CAPE’s organisers, projects were selected based on their development readiness, community benefits, scalability, and environmental integrity.

The UK-funded initiative is led by FSD Africa in partnership with the African Natural Capital Alliance and **Finance Earth.

Reshma Shah, Carbon Markets Lead at FSD Africa, stated: “CAPE shows that Africa’s natural capital is not just a solution to the climate crisis but a catalyst for fair and inclusive growth.”

Gashaka Gumti 2

The programme addresses a long-standing barrier in Africa’s environmental sector—access to early-stage capital.

By offering recoverable grants and transaction advisory services, CAPE helps projects move from planning to investment readiness.

Nature-based solutions like forest regeneration and mangrove restoration are essential to global climate goals.

Yet, most such projects remain underfunded. With 62% of Africa’s GDP reliant on natural capital, CAPE aims to both protect ecosystems and drive economic resilience.

The Gashaka Gumti initiative is expected to sequester millions of tonnes of carbon, restore habitats, and stimulate green job creation.

Analysts suggest its success could serve as a model for scaling climate finance across the continent, helping close the global biodiversity funding gap—currently estimated at up to $824 billion annually.

Also read: Nigeria aims to unlock billions through carbon market participation

For Nigeria, this represents a critical opportunity to lead in Africa’s green transition while unlocking global investment into its natural assets.

Source: Read more at thesun.ng

Peculiar Adirika
Peculiar Adirika

Related Posts

Rotary District 9112 donates rain coats
General

Polio: Rotary District 9112 donates rain coats, boots to Lagos Health Board

by Rtn. Victor Ojelabi
October 23, 2025
NAF Intervention Project
Environment

NAF unveils life-changing water, power projects in Ogun

by Peculiar Adirika
August 27, 2025
WhatsApp Image 2021 09 19 at 5.28.41 PM
Sustainability

‘Combating indiscipline’ JCI-Ikeja gifts Lagos secondary school 6 modern toilets (Photos)

by Freelanews
September 19, 2021
happy childrens day 2019 1573642900
Sustainability

‘Saluting Nigerian kids’ GPBN commemorates Children’s Day 2022

by Freelanews
May 27, 2022
President Tinubu second term bid
Sustainability

FG to empower 10 million women by 2027

by Quadri Olaitan
March 7, 2025

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

ADVERTISEMENT

Recent News

Elegant man in black suit and tie, formal attire, professional settings, business or news context.

Cubana Chiefpriest mocks Burna Boy, hails Davido

October 29, 2025
Modern white government building with a green dome, tropical palm trees, and clear skies in the background, reflecting classical architecture and tropical urban development in a coastal city.

National Assembly security threat raises alarm

October 29, 2025
NDLEA

NDLEA cracks down on illegal drug parties in Lagos

October 29, 2025
Ademola Lookman

Ademola Lookman shines in Atalanta’s fierce Milan draw

October 29, 2025

Search

  • Trending
  • Comments
  • Latest
Political persecution in Ogun State

Political persecution in Ogun State: Abiodun moves against Otunba Gbenga Daniel with demolition threats again

August 9, 2025
Omoge Saida

Omoge Saida sparks Nigerian social media over leaked video

October 28, 2025
APC Second-Term Governors

APC: Second-term governors seeking immediate elective post to lose party leadership

October 15, 2025
April Wind Couture

April Wind Couture thrives in Nigeria’s tough economy with bold Ankara vision

September 12, 2025
amoke

‘Meals by Amoke’ We serve traditional dishes in a modern way, Bukoye Fasola reveals

19
Image 2024 03 26 at 120645 AM jpeg

Charles Inojie, Ali Nuhu call on communities to #MakeWeHalla against domestic violence

11
Meran Primary Health Centre Lagos father Meran hospital

Lagos father shares heartbreaking experience at Meran Primary Health Centre (Photos)

4
fls2

‘Disarticulated system’ Gov’t confused about Nigerian education, expert laments

3
Elegant man in black suit and tie, formal attire, professional settings, business or news context.

Cubana Chiefpriest mocks Burna Boy, hails Davido

October 29, 2025
Modern white government building with a green dome, tropical palm trees, and clear skies in the background, reflecting classical architecture and tropical urban development in a coastal city.

National Assembly security threat raises alarm

October 29, 2025
NDLEA

NDLEA cracks down on illegal drug parties in Lagos

October 29, 2025
Ademola Lookman

Ademola Lookman shines in Atalanta’s fierce Milan draw

October 29, 2025
October 2025
SMTWTFS
 1234
567891011
12131415161718
19202122232425
262728293031 
« Sep    
Freelanews

Freelanews is a Nigerian digital news platform that delivers timely, credible, and engaging stories across politics, business, entertainment, lifestyle, and the creative industry, with a strong focus on promoting innovation, integrity, and inclusivity in storytelling.

Hot!

Elegant man in black suit and tie, formal attire, professional settings, business or news context.

Cubana Chiefpriest mocks Burna Boy, hails Davido

October 29, 2025
Modern white government building with a green dome, tropical palm trees, and clear skies in the background, reflecting classical architecture and tropical urban development in a coastal city.

National Assembly security threat raises alarm

October 29, 2025
No Result
View All Result
  • About Us
  • Contact
  • Advertisement
  • Sitemap

© 2025 Freelanews | by Iretura.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events

© 2025 Freelanews | by Iretura.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.