We Need More OPS To Tackle Climate Change In Nigeria – Ambode

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Lagos state Governor , Akinwunmi Ambode has called for more Organised Private Sector ( OPS ) collaboration on efforts aimed at reversing the negative effect of climate change in Nigeria .

The governor made the call at the launching of the Nigerian Green Bond Market Development Programme organised by FMDQ OTC Securities Exchange in partnership with Financial Sector Deepening Africa ( FSD Africa ) and Climate Bonds Initiative , in Lagos .

Ambode , who was represented by his Deputy, Idiat Adebule, said that the Green / Climate Bond was one of the initiatives introduced to address the problems of climate change and protect the future generation from risks associated with the incident .

According to him , the initiative is one of the world fastest economic power house in West Africa , as well as an opportunity for the country to finance developmental projects that promote healthy and sustainable environment .

He noted that the state government has been in the forefront of the campaign to make the environment healthy and sustainable through the implementation of eco – friendly policies and programmes .

Deputy Governor , Economic Policy , Central Bank of Nigeria ( CBN ) , Joseph Nnanna , explained that the green bond programme would pave the way for development of the renewable energy sector , which had huge growth prospect in Nigeria .

He said that the green bond programme if well articulated and implemented would unlock the potentials of the Nigerian renewable energy sector and put it on a sustainable growth trajectory .

He assured investors that the CBN will continue to work tirelessly to create the enabling environment for a stable financial system needed for a successful implementation of the bond programme.

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