The Foundation for Environmental Rights, Advocacy and Development (FENRAD) has welcomed the recent visit of the United Kingdom’s Foreign, Commonwealth and Development Office (FCDO) to Abia State under its Partnership Agile Governance and Climate Programme (PACE). The group lauded Governor…
Lagos Launches Africa’s Largest Climate Initiative With 80M Eco-Loans, 35M Jobs, $1B in Carbon Revenue
Lagos’ groundbreaking 80 Million Credit Float Project will deliver 80 million eco-loans, create 35 million green jobs, distribute 6 million free clean cookstoves, generate 1.2 million carbon credits worth over $1 billion, and plant 400 million economic trees—making it Africa’s…
Nigeria Set Sights on $2 Billion Carbon Credit Market by 2030, To Boost Investment Through Policy Reforms
Nigeria is taking strategic steps to become a key player in the global carbon credit market, with forecasts suggesting the country could earn over $2 billion annually by 2030. Achieving this vision will depend heavily on developing a strong regulatory…
Nasarawa State To Establish First Electric Vehicle Production Factory in Nigeria
The Nasarawa State Government says it will sustain efforts to utilise lithium resources in the state towards establishing the first electric vehicles factory in Nigeria. Gov. Abdullahi Sule stated this at an event organised by the Abdullahi Sule Gidan-Gidan Support…
USAID’s Demise Threatens a Vital Health and Climate Solution in Africa
A funding stoppage hurts efforts to phase out polluting home cookstoves and replace them with cleaner alternatives. The Trump administration’s gutting of the US Agency for International Development, with 80% of its programs now canceled, is a blow for clean…
COP30: Guterres Urges World Leaders to Mobilize $1.3 Trillion Annually for Developing Nations by 2035
Calls for Doubling Adaptation Finance to $40 Billion Annually by 2025 Advocates for Increased Funding to the Loss and Damage Fund In a stirring call to action following a high-level global leaders’ session on climate and the just transition, UN…
Tinubu Media Volunteers Applaud N760 Billion Private Investment in CNG Initiative
A Political Advocacy Group, Tinubu Media Volunteers (TMV) have praised the Federal Government’s Compressed Natural Gas (CNG) initiative for its growing impact on Nigeria’s energy and transportation sectors. In a statement released on Friday, April 18, 2025, TMV Chairman, Mr.…
Infrastructure Investments Propel Africa’s Mining Growth
As Africa expands its regional corridors with major rail and port projects, African Mining Week 2025 in Cape Town will showcase the critical role of infrastructure in unlocking mining potential and driving industry investment Africa and its global partners are…
Adaptation Fund Board Approves Record US$ 137 Million in New Projects; Doubles Country Cap to US$ 40 Million
In a set of milestone decisions at its 44th meeting, the Adaptation Fund (AF) Board approved over US$ 137 million in new projects – a new record that eclipsed the US$ 100 million mark in a single Board meeting for…
Kenya’s Green Finance Taxonomy Published – Legal Developments and Strategic Considerations
Christina Nduba-Banja, Yusra Butt and Nduta Muhindi Following the issuance of the draft Kenya Green Finance Taxonomy in March 2024 (draft KGFT), the Central Bank of Kenya (CBK) has published the first edition of the Kenya Green Finance Taxonomy (Taxonomy).…
