The Nasarawa State Government is expected to develop a Climate Investment Platform, CIP, aimed at promoting clean energy solutions and tackling the effects of climate change.
Speaking at a stakeholders’ engagement on Monday in Lafia, the Managing Director of the Nasarawa State Investment Development Agency, NASIDA, Ibrahim Abdullahi, said the CIP would serve as a hub for projects aligned with the state’s transition to cleaner energy sources.
The initiative will focus on climate-smart agriculture, construction and other environmentally friendly projects.
Abdullahi noted that the platform will help develop policy documents and action plans for emission reduction while also supporting businesses in making climate-conscious investments.
“Nasarawa is the first state in Nigeria to develop a Climate Investment Platform. The CIP is a key component of a broader strategy to position Nasarawa as a leading destination for climate-smart investment,” he said.
Sesan Adedapo of Murty International stated that the project would provide a science-based climate policy and action plan, along with a financing strategy to attract local and international investors.
It will also offer technical assistance and capacity building for businesses to implement energy-efficient technologies.
Dr Adnan Aminu, the project consultant, explained that the stakeholders’ engagement was designed to assess investment needs, priorities, and challenges in key sectors such as agriculture, transportation, energy, waste management, commerce, and industry.
Aminu stated the importance of stakeholder support, regulatory improvements, and identifying local barriers to climate financing to ensure the project’s success.
