Traxport Rail Services Ltd has contracted climate consultancy Climate Focus to develop and enhance the carbon programme for its proposed Lagos–Kano Low-Carbon Freight Corridor.
According to a release by the firm, the initiative aims to align the project with international carbon standards and make it appealing for climate finance investments.
It noted that the engagement would see Climate Focus revise the project’s Project Design Document to meet the requirements of Verra’s Verified Carbon Standard.
It added that the work would include applying the AM0090 methodology to establish the project boundary, baseline and monitoring framework, as well as developing an ex-ante emissions-reduction calculation framework.
“Climate Focus will also prepare technical materials to support the project’s subsequent validation and verification under the VCS programme.
