About CMAN (Carbon Market Association of Nigeria)
The Carbon Market Association of Nigeria (CMAN) is Nigeria’s country platform uniting key actors across the carbon market ecosystem — including project developers, investors, businesses, corporate buyers/offtakers, financial institutions, service providers, government institutions, local communities, Academia, and technical partners to maximize the full opportunities within the carbon market value chain; shape policies and actions that builds a credible high integrity carbon market ecosystem in Nigeria; Support a strong Pipeline of Projects, Capital, and Transactions at Scale; and catalyze Net zero, NDCs and Sustainable development attainment.
Operating as an independent, member-driven national country platform, CMAN ensures that carbon credit generation in Nigeria yields real, additional, and measurable climate benefits while safeguarding host community rights and national sovereignty.
- De-risking carbon project origination across forestry, blue carbon, clean energy, soil carbon, and industrial decarbonisation.
- Direct technical integration with the National Council on Climate Change (NCCC) Registry and Nigeria ETS.
- Promoting statutory benefit-sharing mechanisms (30%–50% direct revenue allocation to host communities).
- Facilitating Article 6.2 ITMO authorization for international carbon transfers.
💡Executive Takeaway / Policy Compliance
CMAN acts as the single window country platform for carbon market ecosystem actors in Nigeria, facilitating policy alignment, project pipeline growth, and global credit buyer match-making.
Our Story
CMAN began as a Carbon Market Community of Practice—a collaborative platform uniting project developers, investors, policymakers, technical experts, and climate practitioners. The community supported major national frameworks including Nigeria’s Carbon Market Activation Policy & Manual of Procedures, Carbon Pricing & Pilot Carbon Tax Framework, Climate Change Fund, Climate Finance Taxonomy, NDC 3.0 Roadmap, and the National Carbon Registry.
In November 2025, during the 30th United Nations Climate Change Conference (COP30) in Belém, Brazil, CMAN was officially unveiled by the Honourable Minister of Environment, Mallam Balarabe Abbas Lawal, at the Nigerian Pavilion as Nigeria's official carbon market country platform.
Today, CMAN serves as Nigeria's carbon market country platform, uniting all actors across Nigeria's carbon market ecosystem - including project developers, investors, businesses, corporate buyers, financial institutions, service providers, government institutions, local communities, the Academia, and technical partners to maximize the full opportunities within the carbon market value chain for Nigeria; shape policies and actions that builds a transparent, high integrity carbon market ecosystem in the country; support a strong pipeline of projects, capital, and transactions at scale; and catalyze Net zero, Nigeria's NDCs and Sustainable development attainment.
- Co-architected foundational national policies including the National Carbon Pricing Framework & NCCC Manual of Procedures.
- Official COP30 unveiling by the Honourable Minister of Environment, Mallam Balarabe Abbas Lawal, at Belém, Brazil.
- Established the CMAN National Carbon Project Pipeline covering verified project developers nationwide.
- Accredited international and domestic Validation and Verification Bodies (VVBs) under ISO 14065 standards.
💡Executive Takeaway / Policy Compliance
🌍 COP30 Milestone: Officially unveiled at the Nigerian Pavilion during COP30 in Belém, Brazil, marking Nigeria's transition to an institutionalized, high-integrity sovereign carbon market.
Our Vision
To remain a vibrant and credible country platform and industry association for all carbon market sectors and stakeholders in Nigeria, recognized globally for supporting members and Nigeria’s emergence as a hub of high-integrity carbon credits.
- Establish Nigeria as Africa's premier hub for high-integrity carbon credit generation and Article 6.2 ITMO transfers.
- Mobilize over $2.5 Billion in private climate finance for Nigerian project developers and eco-enterprises by 2030.
- Ensure global recognition for Nigerian carbon credits across voluntary and compliance carbon markets.
💡Executive Takeaway / Policy Compliance
🎯 Strategic Vision: Recognized globally for supporting members and Nigeria's emergence as a hub of high-integrity carbon credits.
Our Mission
To unite and empower all carbon market sectors and actors in Nigeria to shape collective climate policies and actions that accelerate attainment of Nigeria’s NDCs, Netzero and sustainable development attainment.
- Unite project developers, corporate buyers, financial institutions, policymakers, academia, and local communities under a unified national banner.
- Shape progressive climate policy, carbon tax offset frameworks, and Article 6.2 transfer protocols with sovereign regulators.
- Protect over 2 Million hectares of Nigerian tropical rainforests, mangroves, and agricultural soils while building local workforce capacity.
💡Executive Takeaway / Policy Compliance
🚀 Core Purpose: Empowering all carbon market sectors in Nigeria to accelerate attainment of NDCs, Net-Zero, and Sustainable Development.
