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From Juliana Taiwo-Obalonye, Abuja
The Nigeria Governors’ Forum (NGF) and the UK-Nigeria Infrastructure Advisory Facility (UKNIAF) are to organized a crucial workshop, “Roundtable on State Access to Climate Finance,” aimed at empowering state officials to secure climate finance for their development needs.
According to the organisers in the statement, the event, scheduled for May 29, 2024, is particularly timely given Nigeria’s significant challenges from climate change and the pressing need for sustainable financial solutions.
The workshop aims to enhance the ability of state commissioners, directors general, advisors, and officials to secure climate finance for their development goals. It will focus on sharing state-level experiences of integrating climate finance with current development and investment priorities, as well as providing insights from UKNIAF’s extensive work on project development and strategies for accessing climate finance.
Key objectives of the workshop include sharing state-level experiences, gaining insights from UKNIAF, fostering collaboration among states, and providing a space for states to identify and discuss areas of work necessary to achieve bankability for climate-related projects.
The event will also feature highly interactive discussions on various key themes, including carbon market financing, bankability, and green bonds.
The roundtable, the statement said, highlights the increasing interest in subnational access to climate finance, acknowledging that states are at the forefront of climate action.
The UKNIAF is a UK government-funded initiative designed to support Nigeria in developing its infrastructure sectors. It provides technical expertise and capacity building to foster sustainable and inclusive economic growth. The NGF is a coalition of elected state governors created to enhance collaboration among the executive governors of Nigeria, aiming to promote inclusive governance and sustainable development.
