This study explores the potential of carbon credits to benefit smallholder farmers, food and nutrition security, and sustainable land use in Nigeria. The report covers the history of carbon markets, the types of carbon credits, and the typical market actors as well as the most prevalent critique and risks associated with carbon offsets. The report also identifies potential ways of making carbon markets work for smallholder farmers between Nigeria and EU countries, especially the Netherlands.
This study was conducted with the support of the Food & Nutrition Security (FNS) Support Facility. The FNS Support Facility is financed through the Ministry of Foreign Affairs of the Netherlands and supports the Netherlands Embassies and Ministry in innovation and learning trajectories that contribute to the achievement of their policy ambitions in the context of FNS and food systems.