Toeing the path of world environmental best practices, especially in the reversal of the negative effects of climate change, Gov.Akinwunmi Ambode of Lagos State, has restated his commitment to preservation of humanity and save future generations from jeopardy.
To this end, the governor, represented by the Deputy Governor, Dr Idiat Adebule, called for collaboration with other like agencies and administrations.
He made the call at the launch 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.
He said the Green/Climate Bond Initiative was one of the initiatives developed to address the problems of climate change and make the planet safer for humans.
Also, Mr Joseph Okwu Nnanna, Deputy Governor, Economic Policy, Central Bank of Nigeria (CBN), said the green bond programme would pave way for development of the renewable energy sector which had huge prospects in Nigeria.
He said the green bond programme, if well-articulated and implemented, would unlock the potential of the Nigerian renewable energy sector.
Contributing, Mr Tajudeen Yusuf, Chairman, House Committee on Capital Market and Institutions, said the initiative was an innovative idea to empower the financial market in support of the Nigerian economy.
In her presentation, entitled “The Rise of Green Bonds – Global Trends and the Opportunity for Nigeria’’, Mrs Justine Leigh-Bells, Director, Market Development, Climate Bonds Initiative, said there was the need for the collaboration of stakeholders in the capital market to drive the Climate Bond Initiative in Nigeria.
She said that such collaboration would make the nation’s economy prosper.
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