Nigeria will issue green bonds worth N150 billion to the public in 2018 as a means of increasing climate funding. Ahmad Salihijo, a technical assistant to the minister of environment, made this known while speaking at a panel discussion on climate finance work for women and non-state actors in Lagos. Nigeria issued its first green bond, which was worth N10 billion, in [...]
Tag "Green Bonds"
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To enable the Federal government draw on a wide arrange of expertise in progressing and developing the issuance of the country's green bonds, the ministries of environment and finance have drawn some development institutions to serve on the Green Bond Advisory Group (GBAG). The group is made up of development partners (World Bank, DfID, AfDB, and IFC), Capital Market Operators [...]
The federal ministry of environment as led by Ibrahim Jibril, minister of state for environment, is working with some other ministries, department and agencies on completing Africa's first sovereign green bonds. Green bonds are like regular bonds, with a slight difference – they can only be used to fund projects that have been identified to have environmental benefits and their contribution [...]
Ibrahim Jibril, minister of state for environment, says the federal government was set to power nine Universities in the country with solar energy. This, he said is part of its efforts to ensure a clean and healthy environment through the issuance of sovereign green bonds. The Minister gave this hint when he paid a working visit to the National Agency for Science [...]
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