Nigeria’s aspiration to become a green economy inches closer as The Federal Government meet investors and Capital Markets Operators in Lagos for the first ever Green Bonds Conference. Themed “Green Bonds: Investing in Nigeria’s Sustainable Development”, the Conference is organized by the Federal Ministry Environment in collaboration with Federal Ministry of Finance and Debt Management Office and will take place on Thursday, the 23rd of February 2016 at the Nigerian Stock Exchange, Lagos.
The Acting President, Professor Yemi Osinbajo will deliver a keynote presentation at the conference. The Governor of Lagos State, H.E Mr Akinwunmi Ambode and The Governor of Ogun State, H.E Ibikunle Amosun will also attend as special guests. The Conference Agenda is expected to have Panel Discussions, an exhibition and presentation of the identified projects in Energy, Agriculture, Transport (FCT) and Environment with international investors and business leaders expected to lead at the event.
The Sovereign Green Bonds project is part of a strategic process by the Federal Government to add to the nation’s funding options to catalyse the rebound of our economy and offer the vast majority of Nigerians, a new alternative. The Green bonds issuance will be the first stage in enabling Nigerian tap into the growing global market for green bonds, which as of end of 2016 comprised of $576bn of unlabeled climate-aligned bonds and $118bn of labeled green bonds according to Climate Bonds Initiative in London.
Source: NSE
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