ARTICLE AD BOX
Yesterday, Lagos State Governor Mr. Babajide Sanwo‑Olu reaffirmed the state's commitment to tackling climate change.
He noted that Lagos, larger than many countries in Africa and Europe, takes climate‑change matters seriously.
During a roundtable in Basinghall Suite 2 at Guildhall in London, where the theme “Financing State‑Determined Contributions: Connecting Climate Change Capital to Africa’s Most Investment‑Ready Cities” was examined, the governor alluded to the state's climate‑change initiatives.
After opening the session with brief remarks on the state's progress toward climate‑change goals, Sanwo‑Olu said Lagos largely confronts natural challenges that are vulnerable to climate change due to its size.
He added that, especially under his leadership, Lagos cannot afford to ignore the numerous climate‑change challenges that accompany its megacity status.
He said, “With 15 thousand metric of wastes to contain, we can’t fold our arms and not take action. We have to make our city liveable,” adding that the state must work harder to achieve equality.
He explained that the task is straightforward: find partners and investors, noting that “Almost all the countries in Europe are half our size.”
He emphasized that Lagos and its leaders should keep learning from other cities facing similar challenges, noting that Lagos has pursued several climate‑change initiatives for years.
These initiatives include being the first subnational entity to issue a green bond, investing in the automotive sector, and installing solar lighting across the state.
During the same session, Dr. Adebola Odunsi addressed Africa’s climate‑change challenges under the theme “Financing State‑Determined Contributions: Connecting Climate Change Capital to Africa’s Most Investment‑Ready Cities.”
Odunsi stated, “Africa does not have a shortage of climate ambition. Africa does not have a shortage of climate opportunities.”
“Africa has a shortage of institutional mechanisms capable of converting climate commitments into investment‑ready projects and measurable outcomes.”
He dissected the climate‑finance paradox, explaining that State‑Determined Contributions (SDCs) represent a fiscal, economic‑planning, and climate‑investment framework.
After leaving Guild

1 month ago
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