Nasarawa State Government has secured a $160,000 grant from the African Climate Foundation to develop a Climate Investment Platform (CIP) aimed at boosting clean energy solutions to the effect of climate change.
Mr Ibrahim Abdullahi, managing director of Nasarawa State Investment Development Agency (NASIDA), stated this during a stakeholders’ engagement on the CIP project on Sunday in Lafia.
Abdullah said that the CIP would serve as a hub for coordinating projects that would contribute to the state’s ambition of transitioning to cleaner energy solutions.
He said the CIP project by Murty International would enhance climate-smart agriculture, construction and other climate-smart initiatives.
He explained that the project involved developing strategic policy documents and action plans for emission reduction, capacity building for businesses to support climate-smart investments and guiding climate action in Nasarawa State.
According to Abdullahi, Nasarawa is the first state in Nigeria to develop the CIP.
“The CIP is a key component of a broader strategy to position Nasarawa State as a leading destination for climate-smart investment,” he said.
Mr Sesan Adedapo, from Murty International, the implementing firm, said the project includes creating a science-based climate policy and action plan for Nasarawa State.
He said they would also develop a Climate financing strategy to attract local and international investors to the state and provide technical assistance and capacity building for local businesses to adopt and implement energy-efficient technologies.
Also speaking, Dr Adnan Aminu, the Project Consultant, said the stakeholders’ engagement was meant to gather their insight on climate investment needs, priorities and challenges across key sectors — agriculture, Transportation, Energy, Waste management, Commerce and Industry.
Aminu also pointed out that the engagement was to get stakeholders’ support and commitment and identify local barriers to climate financing and policy or regulatory improvement opportunities.
