Nigeria emerging market by the World Bank; it has been identified as a regional power on the African continent, a middle power in international affairs, and has also been identified as an emerging global power. However, it currently has a "low" Human Development Index, ranking 152nd in the world. Nigeria is a member of the MINT group of countries, which are widely seen as the globe's next "BRIC-like" economies. It is also listed among the "Next Eleven" economies set to become among the biggest in the world. Nigeria is a founding member of the African Union and a member of many
Deforestation in Nigeria countries with a rainforest. The developing countries receive money upon successful completion of lowering their country’s emissions. A similar concept has been designed by REDD, Reducing Emissions from Deforestation in and Forest Degradation in Developing Countries. In REDD the countries are able to receive much more money in the form of carbon credits which can be spent on more environmentally safe practices. Deforestation all over the globe is threatening the sustainability of the environment but has had especially detrimental effects in Nigeria due to their high rates. Deforestation puts at risk all aspects of the environment, the economy and of