Green Bonds as an Innovative Financing Mechanism for Climate Change Adaptation and Mitigation in Nigeria

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Green Bonds as an Innovative Financing Mechanism for Climate Change Adaptation and Mitigation in Nigeria

November 1, 2018

Initially viewed in some quarters as untrue and far-fetched; or at least a problem for future generations only, recent experiences regarding the consequences of climate change on peoples’ lives and the environment, as well as the ever-growing body of incontestable science-based evidence, have all thrust climate change into the centerstage of national, regional and global policy debate and development discourse. Indeed, Agenda 2030, specifically SDG 13, as well as the closely related SDGs 14 and 15; together with Goals 6 and 7 of the Africa Union Commission’s Agenda 2063 call on all countries to take urgent action to combat climate change and its impacts and move onto a climate resilient and sustainable economic development trajectory.