On 27 May 2021, the Carbon Tracker Initiative is hosting a webinar on "Nigeria’s Energy Transition: A path to a lower carbon world".
Investing in new oil & gas is putting Nigeria’s population and financial stability at serious risk. How can the country avoid the inevitable stranded assets risks associated with future hydrocarbon production growth declining in the next 20 years?
Carbon Tracker investigates many angles to this issue including relative exposure of (and implications for) national oil companies, the impact of reduced demand (and prices) on government tax take and the dependence and vulnerability of Nigeria’s fiscal budgets to reduced demand and the need for governments to proactively replace/reduce reliance on fossil fuel revenues. The analysis applies a humanitarian lens to countries exploring how populations are impacted and considering how levels of development affect the outcomes.