The Lagos State Government says it is leveraging its presence at the 29th United Nations Climate Change Conference (COP29) in Baku, Azerbaijan, to secure global partnerships and green investments.
Partnering with Access Bank and Carbonivity, Lagos aims to demonstrate how African cities can drive climate resilience and economic growth simultaneously.
This followed the signing of an agreement between the Lagos’ Office of Climate Change and Circular Economy (OCCE), Access Bank and Carbonivity, to attract climate finance and establish its leadership in sustainable urbanization.
According to the OCCE, Lagos aims to demonstrate how African cities can drive climate resilience and economic growth simultaneously.
Commenting on this development, the Special Adviser on Climate Change and Circular Economy in Lagos, Titi Oshodi will highlight Lagos’ achievements and aspirations at key COP29 events, including the Sustainable Innovation Forum and a high-level panel discussion on circular economies.
“These platforms allow us to showcase Lagos as a forward-thinking, resilient city ready to partner with global stakeholders for impactful climate action,” said Oshodi.
“We are not only addressing emissions but also unlocking financial pathways for scalable climate solutions.”
Access Bank, a leading African financial institution, is lending its expertise in green finance to the initiative.
The Executive Director, Greg Jobome emphasized, “COP29 provides an invaluable opportunity to mobilize investments for sustainable urban development, ensuring that African cities like Lagos can thrive in a low-carbon economy.”
Carbonivity, the technical partner in this collaboration, is focused on developing carbon offset projects that align with international standards.
According to its CEO, Adebola Odunusi, “By leveraging Lagos’ vast potential in carbon markets, we can create financial mechanisms that benefit the environment while driving economic development.”
