Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, says the initiative is aimed at unlocking green finance and drive sustainable economic growth in the country.
A statement signed by the ministry’s Director, Information and Public Relations, Mohammed Manga has it that the NCIP is the result of a high-level meeting between the Minister and a high-level delegation from the Nigeria Sovereign Investment Authority (NSIA), the National Council on Climate Change (NCCC), and the Green Climate Fund (GCF), held in his office in Abuja.
While emphasizing the importance of leveraging climate finance opportunities to drive growth, boost export competitiveness, Mr. Edun says it will also support key sectors like agriculture, infrastructure, and digital innovation.
Giving a brief on the project, Director-General of the NSIA, says the platform’s development has been a collaborative effort, by the GCF and local stakeholders aimed at creating a structure that can attract both international and domestic capital.
On his part representative of the GCF, Mr. Soji Omisore says its role is to co-create a country platform that aligns with Nigeria’s climate strategy.
Also the Director-General of the NCCC, Dr. Nkiruka Maduekwe, stressed the urgency of increasing Nigeria’s access to international climate finance.
Olajumoke Babalola