The Lagos State Government has made a significant move in addressing climate change by partnering with Access Bank and Carbonivity at the 29th United Nations Climate Change Conference (COP29) in Baku, Azerbaijan. This strategic collaboration aims to drive climate investment and promote sustainable development in Africa’s largest city. With Lagos facing complex climate challenges amidst rapid urban growth, the government is leveraging this opportunity to attract climate finance and establish partnerships for urban resilience and green growth.
Titi Oshodi, Special Adviser on Climate Change & Circular Economy, is set to present Lagos State’s climate goals at the Sustainable Innovation Forum today, November 14, 2024. She will also participate in a panel discussion on circular economy practices alongside industry leaders Ermis Panagiotopoulos and Lewis Perkins. This session will focus on mastering circularity and policy shifts for market success.
The Lagos State Office of Climate Change and Circular Economy (OCCE) is pursuing climate-related investment opportunities aligned with UNFCCC Articles 6.2 and 6.4. This strategy supports Lagos State’s ambition to become a leader in sustainable urbanization while promoting economic resilience and environmental sustainability.
According to Titi Oshodi, “Our participation at COP29 reflects Lagos State’s proactive approach to addressing climate challenges through impactful partnerships.” The partnership with Access Bank and Carbonivity aims to secure green financing for scalable climate projects.
Greg Jobome, Access Bank Executive Director, expressed enthusiasm for the partnership, stating, “We are truly honoured to partner with Lagos State in pursuing its climate objectives”. With operations across Africa, the UK, Europe, and Asia, Access Bank recognizes the importance of sustainable finance and climate action for African communities.