OSSAP on Climate Finance & Stakeholder Engagement

26 posts

OSSAP on Climate Finance & Stakeholder Engagement

OSSAP on Climate Finance & Stakeholder Engagement

@ossapcfse

The official page for the office of the Senior Special Assistant to the President of Nigeria on Climate Finance & Stakeholder Engagement.

Katılım Nisan 2025
14 Takip Edilen11 Takipçiler
OSSAP on Climate Finance & Stakeholder Engagement
Today, we celebrate Nigeria’s Democracy Day. As we honour the courage and sacrifices that paved the way for our democracy, let us recommit to building a nation where every voice counts, institutions are strengthened, and opportunities are created for all. Happy Democracy Day!
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Ibrahim Shelleng
Ibrahim Shelleng@Ibshell1·
May this season of sacrifice and reflection bring peace, unity, and blessings to you and your loved ones. Wishing all Nigerians a joyful and meaningful celebration. 🌙✨ #EidMubarak #EidAlAdha2025 #PeaceAndUnity #Nigeria
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🎥 New Video Alert! We continue with our mini-series on climate finance instruments with this video, which briefly explains how Blue Bonds can support Nigeria’s coastal and marine biodiversity protection. 🌍 It is time to turn ambition into action - together.
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Following our short explainer video on Green Bonds, part of our mini-series on climate finance instruments, this infographic provides highlights of Green Bonds and their potential benefits for Nigeria. Like, share, and join the conversation: lnkd.in/dimDQvef
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Ibrahim Shelleng
Ibrahim Shelleng@Ibshell1·
A society grows great when old men plant trees whose shade they know they shall never sit in" ~ Greek Proverb It's essential to consider the legacy we leave for future generations, ensuring a sustainable world for them to thrive in. Happy Children's Day!
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🎥 New Video Alert! We continue with our mini-series on climate finance instruments with this video, which briefly explains how Green Bonds can support Nigeria’s green transition. 🌍 It is time to turn ambition into action - together. Watch, share, and join the conversation.
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🎥 New Video Alert! We start our mini-series on climate finance instruments with this video, which briefly explains how debt-for-nature swaps can support Nigeria’s green transition. 🌍 It is time to turn ambition into action - together. Watch, share, and join the conversation.
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Today, as we celebrate the dedication and resilience of workers across our nation, we also honour those leading the charge for a sustainable future... Your work is vital to protecting our planet. In the face of climate change, every job can be a climate job. Happy Worker's Day!
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Following our short explanatory video 🎥 on Carbon Markets, this infographic ℹ️ 📸 further provides information on carbon markets, including the procedure for product developers to access carbon credits in Nigeria. Are you a project developer? Scan the QR code to register
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🎥 New Video Alert! We’re excited to share a short explainer from the Office of the Senior Special Assistant to the President on Climate Finance & Stakeholder Engagement. This video briefly explains carbon markets and how they support Nigeria’s green transition.
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Bayo Onanuga, OON, CON
Bayo Onanuga, OON, CON@aonanuga1956·
STATEHOUSE PRESS RELEASE PRESIDENT TINUBU TO GLOBAL LEADERS: THE TIME FOR CLIMATE ACTION IS NOW, NOT TOMORROW President Bola Ahmed Tinubu has urged world leaders to demonstrate unity, courage, and sustained commitment in addressing the worsening global climate crisis. Speaking on Wednesday during a high-level virtual dialogue on climate and the just transition, President Tinubu reaffirmed Nigeria's dedication to forging a paradigm shift in which climate action and economic growth advance together, not in opposition. "The global climate emergency demands our collective, courageous, and sustained leadership. For Nigeria, the urgency of this moment is clear: we view climate action not as a cost to development, but as a strategic imperative.'' The meeting, co-hosted by United Nations Secretary-General António Guterres and Brazilian President Luiz Inacia Lula da Silva, aimed to accelerate global climate ambition ahead of COP30, which Brazil will host. Leaders from 17 countries, including China, the European Union, climate-vulnerable states, and key regional blocs such as the African Union, ASEAN, and the Alliance of Small Island States, participated in the meeting. The leaders sent a clear message: climate action is moving forward, full speed ahead. Addressing the session from Abuja, President Tinubu outlined Nigeria's Energy Transition Plan (ETP) as a bold, pragmatic roadmap for reaching net-zero emissions by 2060. The ETP targets five core sectors—power, cooking, transportation, oil and gas, and industry—and identifies a financing need of over $410 billion by 2060 to achieve these goals. "We are, therefore, in the process of aligning our regulatory environment, fiscal incentives, and institutional frameworks to ensure that energy access, decarbonisation, and economic competitiveness proceed in lockstep. We are also taking leadership on Energy Access," he said. President Tinubu underscored Nigeria's role as an anchor country in the Mission 300 initiative, implemented in partnership with the World Bank and the African Development Bank. The initiative aims to deliver electricity to 300 million Africans by 2030. He recalled his participation in the Dar es Salaam Declaration earlier this year and Nigeria's presentation of its National Energy Compact, which outlines reform commitments, investment opportunities, and measurable targets to expand clean energy access and clean cooking solutions. "This compact is among the first of its kind in Africa and lays out our policy reform commitments and specific investment opportunities in the energy sector. It sets quantifiable targets to grow electricity access and increase clean cooking penetration. "We are working to build capacity and ensure that we meet these targets, reflecting not just our ambition but also our commitment to deliver on that ambition measurably," he said. As part of the broader energy reforms architecture, President Tinubu announced the finalisation of the Nigeria Carbon Market Activation Policy in March 2025. This policy will unlock up to $2.5 billion by 2030 in high-integrity carbon credits and related investments. He disclosed that Nigeria is actively updating its Nationally Determined Contributions (NDCs) in line with the UN Framework Convention on Climate Change (UNFCCC), with plans to present a comprehensive revision by September 2025. "Our climate strategy is not limited to planning and regulation — it is also rooted in market reform. "We are working to position Nigeria as a premier destination for climate-smart investment through the development of a Global Climate Change Investment Fund, which will serve as a platform to blend public and private capital, de-risk green infrastructure, and finance clean energy solutions at scale," he said. The fund will support key national priorities such as green industrial hubs, e-mobility infrastructure, regenerative agriculture, and renewable energy mini-grids for underserved communities. President Tinubu thanked international partners, particularly the United Nations and Sustainable Energy for All (SEforALL), for their advisory and technical support. "These partnerships are a shining example of the value of multilateral cooperation in climate delivery. We are prepared to collaborate, lead, and deliver — because we understand that the time for climate action is not tomorrow; it is now," he said. Bayo Onanuga Special Adviser to the President (Information & Strategy) April 23, 2025
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Presidency Nigeria
Presidency Nigeria@NGRPresident·
President Tinubu to Global Leaders: the Time For Climate Action is Now, Not Tomorrow
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