NCDFGroup climate finance

The NCDFGroup recognises the critical importance of climate action and aims to play a prominent role in addressing climate change for a better Nigeria. To achieve this, the NCDFGroup has outlined several key goals for its Climate Finance initiatives. Through these goals, the NCDFGroup seeks to inspire other institutions and stakeholders to prioritise climate action and work together towards a greener and more resilient Nigeria.

#Goal 1

Mobilise climate finance

1.1. Increase funding for climate-related projects: The NCDFGroup aims to mobilise significant financial resources to support projects and initiatives that address climate change in Nigeria. This involves attracting investments from both public and private sources, leveraging partnerships, and promoting innovative funding mechanisms.
1.2. Prioritise climate resilience and adaptation: The NCDFGroup will focus on financing projects that enhance Nigeria's resilience to the impacts of climate change, such as infrastructure development, disaster risk reduction, and ecosystem restoration.

#Goal 2

Support renewable energy transition

2.1. Promote renewable energy investments: The NCDFGroup seeks to accelerate investments in renewable energy sources, such as solar, wind, and hydro, to reduce Nigeria's reliance on fossil fuels and mitigate greenhouse gas emissions.
2.2. Facilitate access to clean energy: The NCDFGroup aims to increase access to clean and affordable energy for communities across Nigeria, especially in rural and underserved areas. This involves supporting off-grid and mini-grid solutions, promoting energy efficiency, and fostering technological innovation.

#Goal 3

Foster sustainable agriculture and forestry

3.1. Promote climate-smart agriculture: The NCDFGroup will finance projects that promote sustainable agricultural practices, such as climate-resilient crop cultivation, agroforestry, and precision farming techniques. These initiatives aim to enhance food security, reduce deforestation, and lower emissions from the agriculture sector.
3.2. Support forest conservation and restoration: The NCDFGroup recognizes the importance of forests in mitigating climate change and preserving biodiversity. Therefore, it will invest in projects that protect and restore forests, promote sustainable forestry practices, and incentivize communities to engage in sustainable land management.

#Goal 4

Build climate resilient infrastructure

4.1. Invest in climate-resilient infrastructure: The NCDFGroup will prioritize funding for infrastructure projects that are designed to withstand the impacts of climate change, such as resilient transport systems, climate-smart buildings, and sustainable urban development.
4.2. Strengthen disaster risk management: The NCDFGroup aims to support initiatives that enhance Nigeria's capacity to manage and respond to climate-related disasters. This includes investing in early warning systems, emergency preparedness, and community resilience-building.

#Goal 5

Green building and smart and sustainable cities

5.1. Green buildings:NCDFGroup prioritizes sustainability by adopting eco-friendly practices, conserving water, energy, and resources, utilizing renewable energy, and reducing emissions and waste.
5.2. Sustainable Smart Cities:: NCDFGroup envisions sustainable smart cities that combine advanced technology with environmental responsibility, aiming to create greener and socially responsible urban environments.

Here are some of our climate related projects and portfolio.

5 MW Renewable Energy Project

AE Outlook 2024


Badagry Smart City

AE Outlook 2024


Green Solutions Bond

AE Outlook 2024