Who Controls Africa's Carbon Markets? Why Nigeria Must Reject Foreign Terms

The ongoing debate surrounding who sets the regulatory terms for Africa's carbon markets hits at the core of economic sovereignty across the continent. Offshore carbon registries, European project developers, and international corporate buyers currently set carbon credit prices, dictate integrity metrics, and capture over 70% of financial returns generated from African land. In Nigeria, where host communities in oil-producing zones face both petroleum degradation and severe climate impacts, this arrangement threatens to repeat historical exploitation under a green label. If African governments and local institutions do not