Knowledge Tree
Relations (1)
cross_type 2.00 — strongly supporting 3 facts
Nigeria is directly linked to fossil fuel asset stranding as it serves as the primary case study for assessing the economic implications of this phenomenon [1]. The country faces significant exposure to the risks associated with such stranding [2] and struggles with the equitable distribution of compensation payments due to its specific institutional challenges [3].
Facts (3)
Sources
Energy asset stranding in resource-rich developing countries and ... frontiersin.org 3 facts
claimIn Nigeria, compensation payments for fossil fuel asset stranding are considered inadequate because the country's institutional environment, characterized by corruption and political instability, hinders the equitable distribution of funds among relevant actors.
claimNigeria is significantly exposed to the risk of fossil fuel asset stranding and faces substantial difficulties in managing the associated challenges.
procedureThe authors adapted an analysis framework originally developed by Schöpflin et al. (2023) to assess the wider economic and societal implications of energy asset stranding at the country level, using Nigeria as an exemplary case.