Nasarawa State has secured a $160,000 grant from the African Climate Foundation to develop a Climate Investment Platform (CIP) aimed at boosting clean energy solutions and reducing the effects of climate change.
The Managing Director of the Nasarawa State Investment Development Agency, Ibrahim Abdullahi, made the disclosure at a stakeholders’ engagement on the CIP project in Lafia on Tuesday.
According to Abdullahi, the CIP will serve as a hub to pull together projects that will key into the state’s ambition of transitioning to cleaner energy solutions. He added that the platform will enhance climate-smart agriculture, construction, and other climate-smart initiatives.
The CIP project, implemented by Murty International, is expected to develop strategic policy documents and action plans for emission reduction and capacity building for businesses to support climate-smart investments.
The representative of Murty International, Sesan Adedapo, said the project includes creating a science-based climate policy and action plan for Nasarawa State, as well as developing a climate financing strategy to attract local and international investors to the state.
The Project Consultant, Dr. Adnan Aminu, said the stakeholders’ engagement was meant to gather insights on climate investment needs, priorities, and challenges across key sectors, including agriculture, transportation, energy, waste management, commerce, and industry.
Nasarawa State is the first state in Nigeria to develop a CIP, demonstrating its commitment to addressing climate change and promoting sustainable development.
