The President, Major General Muhammadu Buhari (retd.), said Nigeria raised over N30bn to finance its climate change adaptation efforts by issuing two sovereign green bonds.
He also urged the most vulnerable countries to emulate Nigeria’s homegrown resource mobilisation saying that it is “likely to break the yoke of difficulties in accessing funds from developed countries’ financial institutions.”
According to a statement signed by the President’s Senior Special Assistant on Media and Publicity, Garba Shehu, Buhari made this point when he spoke at a roundtable addressing climate change and supporting the environment at the UN Conference on LDCs in Doha, Qatar, on Tuesday.
The statement is titled ‘Climate Financing: emulate Nigeria green bonds, President Buhari tells LDCs.’
The President who was represented by the Minister of Environment, Mohammed Abdullahi, argued that ‘‘Domestic resource…
