Agama advocates Green Finance to drive Nigeria low - carbon transition – The Sun Nigeria
The Nigerian government has outlined the key steps needed to foster private sector investment in green finance, saying it is essential to provide transparent and reliable information about sustainable and climate-friendly solutions to invest in the economy, including investments in environmental, social and governance principles, as part of efforts to boost the country’s transition to an sustainability. (). Nigeria has warned of the need for a broader approach to the development of green financial services in Nigeria, but has urged investors to focus on long-term risks and potential opportunities, in order to improve access for retail operators and investment across the world, to develop innovative ways of investing in energy, water and water sectors to make their growth significantly more efficiently than any other country in Africa, and to help ensure transparency and regulatory support for green money, writes the BBC s Chukwuma Umeorah, who has been among the top executives for the first time in more than two decades of work on renewable energy and green bond issuances in recent weeks, they are being given the go-ahead for public sector spending, investment and finances from fossil fuel markets to be encouraged to take advantage of new initiatives such as green bank, oil and gas infrastructure and energy sector in its annual capacity development workshop in Lagos on Tuesday. Why is it necessary for Nigeria to achieve these targets? These are some of its priorities, with the aim of helping businesses to move towards green investment.
Source: thesun.ngPublished on 2024-07-23
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