Tinubu Forms Presidential Committee to Seek Global Climate Funds.
Key Points:
- Committee Formation: President Bola Tinubu has established a 25-member Presidential Committee on Climate and Green Economic Solutions to coordinate activities in the renewable energy sector.
- Leadership: Tinubu will chair the committee, with Environment Minister Balarabe Lawal as Vice Chairman and Ajuri Ngelale as Secretary and Special Presidential Envoy on Climate Action.
- Purpose: The committee aims to secure global climate change funds and advance Nigeria’s climate and green economic initiatives.
- Responsibilities: The committee will oversee policies and programs related to climate action, coordinate federal institutions, and ensure alignment with the Renewed Hope Agenda.
- Innovative Initiatives: The committee will develop non-oil and non-gas climate action initiatives, collaborate with national and multilateral entities, and monitor progress on renewable energy projects.
- Special Projects: Tinubu announced plans to establish Africa’s first green industrial zone powered by renewable energy in Nigeria’s central solid mineral belt, connected by rail infrastructure to key seaports.
Members:
- Key members include CEOs of InfraCorp, NCCC, ICRC, NIPC, NSIA, NAGGW, ECN, REA, CrediCorp, NASENI, SMDF, and Deputy Governor of CBN.
- Representatives from various federal ministries and agencies are also included.
Strategic Goals:
- Achieve Nigeria’s green economy objectives.
- Facilitate a just energy transition.
- Unlock new investments in the renewable energy sector.
- Develop renewable energy technology for African markets.
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