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Thursday, July 4, 2024

Nigeria partners UK, Germany, others on green industrial development

The committee is to coordinate and oversee the policies and programmes on climate action and green economic development.

• July 4, 2024

Nigeria is partnering with the UK, Germany and the World Economic Forum towards the realisation of President Bola Tinubu’s plans for a green industrial development of the country.

The Special Presidential Envoy on Climate Action, Ajuri Ngelale, made this known on Wednesday in Abuja.

Mr Ngelale said that the meeting with the leadership of the UK-Nigeria Infrastructure Advisory Facility centred on enabling a private sector-led, public sector-enabled programme.

He said, “We also hosted a virtual discussion with the Managing Director of the World Economic Forum Centre for Nature and Climate, Ms Gim Huay.

“We agreed to actionable next steps that will ensure greater collaboration with international investors and DFIs in accordance with our green industrial road map. On Wednesday evening, we hosted a fruitful session with a delegation from the German Embassy led by its Head of Climate Negotiations, Ambassador Johannes Lehne. Specific steps toward deepening collaboration on hydrogen and wind energy development were agreed upon with a follow-up next week.’’

In May, President Tinubu approved the establishment of a committee to oversee the Green Economic Initiative, known as the Presidential Committee on Climate Action and Green Economic Solutions.

Mr Tinubu also approved the appointment of Mr Ngelale as Special Envoy on Climate Action and will retain his role as the Special Adviser to the President on Media & Publicity.

The committee was part of a strategic move of the President to ensure the advancement of his administration’s climate and green economic initiatives.

The committee is to coordinate and oversee the policies and programmes on climate action and green economic development.

The UKNIAF is a technical assistance programme (2019 – 2025) that aims to transform Nigeria’s capacity to plan, finance, deliver and maintain climate-smart and critical infrastructure.

It aims to achieve transformation through technical support in two component areas: Power and infrastructure finance.

The key counterparts are the Federal Government of Nigeria and its agencies; selected state governments; the Foreign, Commonwealth and Development Office in Nigeria; the wider development and development finance institution groups.

(NAN)

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