The Federal Government has commenced high-level engagements with international financial institutions to secure over $60 million in climate finance, aimed at launching pilot green energy hubs across the country. A major component of the initiative includes a hybrid energy system for one of Nigeria’s key airports, envisioned as a prototype for clean and digitally monitored energy solutions across critical public infrastructure.The Vice President outlined several federal initiatives that align with the national climate goals, including the rollout of regional climate engagement clinics, a State Innovation Challenge Park, and the upcoming release of a white paper on green growth financing. These efforts, he said, are designed to build climate resilience while driving innovation and local participation.“Our transition must reach every state, every community, and every home,” Shettima said, highlighting the need for inclusive planning and decentralised implementation of green initiatives.He also called for harmonised policies across federal, state, and local governments, and urged the adoption of innovative financing instruments such as green bonds and climate investment funds to scale local solutions and technologies.“Our goal is net-zero,” he declared. “But the journey must begin now with urgency, inclusion, and bold action.”The planned $60 million investment, if secured, would mark a significant shift toward clean energy infrastructure, aligning Nigeria with global sustainability trends while addressing its domestic energy and climate adaptation challenges.
Nigeria hints on $60m Climate Finance to Launch Pilot Green Energy
