The people of the city of Aba...are not only making local history today by hosting Nigeria's first Clean Development Mechanism (CDM) project to reduce greenhouse gases (GHG) but they are getting development benefits as well. The 120 megawatt, Aba Clean Energy Carbon Project will construct an efficient, gas-fired power plant...The project is being developed by Geometric Power Limited (GPL) a Nigerian private-sector power provider...The benefits of the project are, in part, the result of the sale of 1.2 million tons of carbon dioxide equivalent (tCO2e) emission reductions to the Community Development Carbon Fund (CDCF), a private-public partnership of nine governments and 16 companies and organizations, managed by the World Bank..."The sale of carbon emission reductions combined with community and development benefits, is a transaction that benefits both the local communities and the global environment," said Hafez Ghanem, World Bank Country Director for Nigeria.