Nigeria Advances Climate Resilience Through Innovative Finance Strategy

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Nigeria is deepening its commitment to climate action through innovative financial reforms aimed at building a more resilient economy. Speaking at the 14th Meeting of the Coalition of Finance Ministers for Climate Action in Washington D.C., Minister of State for Finance, Dr. Doris Uzoka-Anite, reaffirmed Nigeria’s dedication to integrating climate considerations into national economic and fiscal policies.

Dr. Uzoka-Anite outlined key initiatives including the expansion of Nigeria’s green bond programme, the development of carbon markets, and partnerships to mobilize concessional and blended finance for climate-resilient infrastructure such as irrigation, transport, and early warning systems. She emphasized that the country’s resilience finance strategy seeks to reduce debt vulnerabilities while promoting inclusive and sustainable growth.

The Minister called for fair global access to climate finance and stronger collaboration among nations to accelerate adaptation investments. She assured that under President Bola Ahmed Tinubu’s administration, Nigeria remains committed to the goals of the Paris Agreement and the Coalition’s Baku to Belem Roadmap, moving from “dialogue to delivery” in its climate resilience agenda.