OSSAP on Climate Finance & Stakeholder Engagement
26 posts

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

🎥 New Video Alert... Sustainability Bonds!
This video continues our mini-series on climate finance instruments. It briefly explains how Sustainability Bonds can support Nigeria’s green transition.
🌍 It is time to turn ambition into action.
#climatefinance #Sustainability
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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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🌍 This World Environment Day, we stand united to #BeatPlasticPollution.
If we work together to end plastic pollution, a cleaner, healthier future is within our reach.
#WorldEnvironmentDay #PlasticFreeNaija #GreenGrowth #ClimateActionNG #SustainableNigeria #BeatPlasticPollution

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Blue Bonds are another set of innovative debt instruments that can help Nigeria raise funding for marine and freshwater conservation and climate-resilient development.
#BlueBonds #ClimateAction #ClimateChange #ClimateFinance #ClimateFinanceInstruments #MarineConservation

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TGIF! As we wind down the week and month of May, here's a little trivia for you. Wishing you all a wonderful weekend ahead!
Like, share, and join the conversation: ossapcfse.org/community/

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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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Following our short explainer video on Debt-for-Nature swaps, part of our mini-series on climate finance instruments, this infographic provides highlights of debt-for-nature swaps and their potential benefits for Nigeria. #ClimateFinance #ClimateCrisis #ClimateAdaptation

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🎥 New Video Alert!
As Nigeria finalises its Carbon Market Activation, this video briefly explains how Article 6 of the Paris Agreement can support Nigeria’s green transition.
#ClimateFinance
#CarbonMarkets
#GreenGrowth
#ClimateAction
#StakeholderEngagement
#JustTransition
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🎥 New Video Alert!
This video briefly explains how domestic climate finance mobilisation can support Nigeria’s green transition.
🌍 Time to turn ambition into action!
Watch, share, and join the conversation ossapcfse.org/community/
#ClimateFinance
#StakeholderEngagement
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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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His Excellency, President Bola Ahmed Tinubu, GCFR reiterates Nigeria's commitment to climate action! #climateaction #climatechange #climatefinance #stakeholderengagement
statehouse.gov.ng/news/president…
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