Understanding Plastic Credit as a Market-Based Scheme Incentive for Plastic Waste Management

KEY TAKEAWAYS Plastic credits transform waste management into a profitable venture by rewarding organizations that collect or recycle plastic waste and enabling producers to offset their footprints through credit purchases. Multiple globally recognized bodies (e.g., Verra’s Plastic Credit Standard, Plastic Bank, PCX, GPP) employ differing verification criteria, leading to a lack of a universally accepted standard.  Implementing plastic credit in Nigeria will bridge the financing gap and encourage plastic collection systems that were otherwise not

CARBON MARKET ECOSYSTEM: SOMETHING FOR EVERYONE!

KEY TAKEAWAYS Nigeria’s carbon market potential is estimated at 87.2 to 124.7 million metric tonnes of CO2 equivalent (MtCO2e) from reduction or removal projects. The cumulative potential market value is projected to be between 736 million USD and 2.5 billion USD by 2030. Despite wide challenges in setting up and operationalizing a carbon market system, several opportunities for advancement abound for various stakeholders through participation, collaboration and commercialization of services.  The carbon market supports innovative

Harnessing Anaerobic Digestion For Biogas Production In Nigeria

KEY TAKEAWAYS: Nigeria’s reliance on fossil fuel generated GHG emissionsof 100.389MT CO2 in the year 2022, ranking Nigeria to be 4th largest emitter of carbon in Africa. Anaerobic digesters are a great innovation for the country’s renewable energy options. Nigeria has abundant sources of organic waste suitable for biogas production. For instance cattle waste alone has the potential of yielding about 25.53 billion cubic meters of biogas about 169 541.66 MWh of electricity and 88.19

6 Simple Steps to Reduce Your Carbon Footprint

Another heading…… Introduction: Reducing your carbon footprint is essential in the fight against climate change. At Quintessence Environmental Consult, we believe that small, everyday actions can lead to significant environmental benefits. Here are five simple steps you can take to make a positive impact. Body: Conclusion: By implementing these simple steps, you can significantly reduce your carbon footprint and contribute to a healthier planet. For more tips and personalized advice, contact Quintessence Environmental Consult today.