Lucky Abeng, Technical Director and Climate researcher at Ecosteward and Humanitarian Foundation, moderated the session titled “Adapting Nigeria’s Power Sector to Climate Action“, and which featured a panel of experts, including Omosede Imohe, Distributed Energy Researcher and Team Lead at Abuja Electricity Distribution Plc, and Solomon Joshua, Chief Operating Officer at Ceesolar Energy Limited.
Imohe explained that development financial institutions (DFIs) can incentivise climate funding by offering concessional finance to the power sector. According to her, this would help reduce capital costs and manage the risks associated with implementing climate-resilient projects.