Business

Meet climate tech CEOs positioning Nigeria for $13.8 billion Green Investment Fund

Global attention is increasingly focused on climate action as the world accelerates efforts towards sustainable development. Countries are pledging more investments in the Green Climate Fund (GCF), the world’s largest dedicated climate fund.


The GCF aims to foster a paradigm shift towards low-emission, climate-resilient development in developing countries. With a portfolio of $13.5 billion (including $51.9 billion, with co-financing), the GCF is delivering transformative climate action in over 120 countries.


For a country’s firms to benefit from the fund, they must adhere to the Environmental Sustainability Goals (ESGs). There must be return on investment (ROI) expectations and the firms must deliver positive environmental and social impacts, according to Carbon Collective Investment, which handles climate-related funds.