Nasarawa: First State To Develop Climate Investment Platform In Nigeria.
By Amina Mohammed, Lafia.
Nasarawa State being the first state in Nigeria to develop a Climate Investment Platform (CIP), is aimed at boosting clean energy solution to the effect of climate change.
This was so through securing a $160,000 grant from the African Climate Foundation.
Managing Director, Nasarawa State Investment Development Agency (NASIDA), Mr Ibrahim Abdullahi, stated this at a stakeholders’ engagement on the CIP project in Lafia the state capital.
He said that the CIP would serve as a hub to pull together projects that would key into the state’s ambition of transitioning to cleaner energy solutions.
Abdullahi said the CIP project being implemented by Murty International, would enhance climate-smart agriculture, construction and other climate-smart initiatives.
He explained that the project involved development of strategic policy documents and actions plans for emission reduction, capacity building for businesses to support climate-smart investments and guide climate action in Nasarawa State.
“The CIP is a key component of a broader strategy to position Nasarawa State as a leading destination for climate-smart investment,” he said.
The implementing firm, Murty International, Mr Sesan Adedapo, said the project include creating a science-based climate policy and action plan for Nasarawa State.
He said they would also develop a Climate financing strategy to attract local and international investors to the state, and as well provide technical assistance, and capacity building for local businesses to adopt and implement energy efficient technologies.
Also speaking, the Project Consultant, Dr Adnan Aminu, said the stakeholders’ engagement was meant to gather their insight on climate investment needs, priorities and challenges across key sectors – Agriculture, Transportation, Energy, Waste management, Commerce and Industry.
Aminu also pointed out the engagement was to get stakeholders’ support and commitment and as well as identifying local barriers to climate financing and opportunities for policy or regulatory improvement.
Oyenike Oyeniyi
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