Clean Technology Hub, with support from Heinrich Böll Stiftung, has developed a policy proposal for the Delta State Government to adopt a renewable energy policy roadmap that will serve as a blueprint to achieve the state’s vision for access to electricity, climate resilience, and economic growth beyond oil.
Heinrich Böll Stiftung (HBS) and the Centre for Journalism Innovation and Development (CJID) partnered to host a public dialogue on climate finance, pertaining to how Nigeria can mobilise more resources to migate and adapt to the devastating impacts of climate change. The public dialogue also served to launch the report, “Unlocking Climate Finance for Nigeria: Between Aspirations and Realities”.
The Nigerian government has raised billions of naira to finance energy and land-use projects using green bonds. This report hopes to make a meaningful contribution towards ensuring that mechanisms for transparency, accountability, sustainability and value for money are put in place throughout the processes of green bond issuances in Nigeria.
This policy brief examines the pre-existing Nigerian economic vulnerabilities, evaluates the government’s responses to the COVID-19 pandemic with regards to achieving a green and more-diversified economy, and develops a new agenda and strategies for sustainable growth and economic transformation.
The Project Debt Relief for Green and Inclusive Recovery was conceived in the summer of 2020 to advance innovative solutions to address the sovereign debt crisis that many countries in the Global South are facing at a time when social progress is under threat and urgent climate action is needed.