Climate-smart investment potential in Nigeria, particularly in the renewable energy sector, is worth over $104bn, the United Kingdom High Commission has said.
In his address at the Carbon Chamber Conference of the Abuja Chamber of Commerce and Industry, the Head of Climate Change and Energy West Africa, UK High Commission, Sean Melbourne, said the gradual shift to a low carbon economy would transform many sectors.
He said, “There’s a crucial opportunity to act now to achieve low carbon resilient growth and avoid carbon lock-in. According to the International Finance Corporation, Nigeria’s estimated climate-smart investment potential is over $104bn through to 2030 in selected sectors…
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