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The startup is establishing Nigeria's first Green Climate Finance Bank to facilitate the flow of climate finance through customized de-risking instruments and targeted investment solutions. This initiative addresses the significant funding gap in Nigeria's climate-related investments, which currently falls short of the estimated USD 17.7 billion needed annually to meet national emission reduction targets.
Updated 4 months ago
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- The startup is establishing Nigeria's first Green Climate Finance Bank to facilitate the flow of climate finance through customized de-risking instruments and targeted investment solutions. This initiative addresses the significant funding gap in Nigeria's climate-related investments, which currently falls short of the estimated USD 17.7 billion needed annually to meet national emission reduction targets.