Government Plans Job Creation Through Climate Change Mitigation, Says Balarabe Lawal

Government Plans Job Creation Through Climate Change Mitigation, Says Balarabe Lawal

Minister of Environment, Balarabe Abbas Lawal, emphasized the federal government’s commitment to job creation through mitigating the effects of climate change. Lawal highlighted that the government has issued a total of ₦27 billion in Green Bonds over the years to finance climate-smart projects……… CONTINUE READING

Lawal made these remarks on Wednesday during his address at the 8th Meeting of the Green Bond Advisory Group in Lagos. He called for collaboration among governments, the private sector—especially financial institutions, development partners, and capital market operators—to establish a robust ecosystem supporting green investments and driving impactful environmental changes.

“Over the past few years, Nigeria has issued two Green Bonds totaling ₦27 billion to finance climate-smart projects across various sectors,” Lawal stated. “As we prepare for the third issuance, our focus is on enhancing the effectiveness of our Green Bond Program and ensuring that the proceeds are efficiently utilized to achieve climate and environmental development goals aligned with our Nationally Determined Contributions (NDCs) under the Paris Agreement and President Bola Ahmed Tinubu’s Renewed Hope Agenda.”

Lawal underscored the government’s emphasis on sectors like renewable energy, sustainable agriculture, green building, and resilient infrastructure. He emphasized that prioritizing these sectors will not only mitigate the impacts of climate change but also foster economic growth, create jobs, promote social inclusion, and enhance resilience in communities nationwide.

“By prioritizing Renewable Energy, Sustainable Agriculture, Green Building, Afforestation, and Resilient Infrastructure, we aim to mitigate climate change impacts while stimulating economic growth, creating jobs, promoting social inclusion, and enhancing resilience across various communities in the country,” Lawal concluded.