GACN's Energy Transition Initiative

GACN STRATEGIES ON CLIMATE CHANGE AND ENERGY TRANSITION FOR BUSINESS PROGRESSION

The energy sector has been a major contributor to emissions growing from 66% in 1990 to 73% in 2016. Africa accounts for 2-3% of the world’s carbon dioxide emissions from energy use and industry sources (UNFCC). Energy Transition is a pathway towards transformation of the global energy sector from fossil-based to zero-carbon, and Natural Gas is one of the mainstays of global energy where it replaces less cleaner fuels.

Further to our mantra the One-Stop-Shop for Nationwide Gas Commercialization, GACN seeks to leverage its existing market credibility to champion the cause for energy transition in the country via the use of natural gas as its climate change adaptation mainstay

Climate Change and Energy Transition Initiatives

  • Facilitation of Gas Flare Commercialization
  • Development of a Carbon Swap Framework that enables Nigeria benefit from the carbon funds to Africa especially in the areas of climate change adaption. The framework is aimed at leveraging on natural gas as a transition fuel for clean energy (i.e. thermal generation).
  • Development of a Gas to Chemical Initiative as a drive towards harnessing the carbon potentials around climate change mitigation programs mainly geared towards improved agricultural yields
  • Develop an engagement pathway in collaboration with the various climate change departments in the different consulate offices

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