At the Abu Dhabi Sustainability Week, President Bola Tinubu announced Nigeria’s Climate and Green Industrialisation Investment Playbook, highlighting the country’s commitment to turning climate ambitions into concrete action while promoting sustainable development and industrial growth.
The initiative aims to attract $25–30 billion annually in climate finance, linking climate action to economic growth, job creation, and energy access.
“Nigeria views climate action as a development opportunity, not a burden. “It requires predictable financing, accessible technology, and strong capacity-building support for developing countries”, Tinubu said.
Key reforms include the National Carbon Market Activation Policy (NCMAP), the National Carbon Registry, and the Electricity Act 2023, which expands decentralized power to rural communities, schools, health facilities, and markets.
On financing, Tinubu said the $500 million Distributed Renewable Energy Fund and the World Bank’s $750 million DARES programme will expand clean electricity to over 17.5 million people. The 50 billion naira Sovereign Green Bond in 2025 attracted 91 billion naira, and the Lagos State Green Bond was oversubscribed by 97.7%.
Tinubu highlighted lithium reserves, inviting partnerships for local processing and value addition, and emphasized AI and innovation to optimize energy efficiency.
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