Entrepreneurs have a huge role to play in curbing climate change. Considering the number of entrepreneurs in Nigeria, if all adopt a sustainable strategy, we would be on our way to a Net zero faster.
Thank you @KGeorgieva, Managing Director of IMF, for visiting me today at the @AfDB_Group offices in Abidjan. Great to see you! We are allies as we drive reforms of the global financial architecture and new financing instruments to tackle global challenges.
Never say out of your lips about yourself or your future that which you do not want God to make happen.
Remember his words, "as long as I live that which I hear you say that will I do"
It's from your mouth into his ears, be careful. Jesus can only advocate on what you say.
@solarG_ @onewattsolar @AdeojoJubril@UNYouthEnvoy@YouthAssembly@NGYouthSDGs There is grant funding available for different stages of a business either startup or Ideation etc. You just have to apply to the right opportunity that fits your current stage.
@onewattsolar @ClimateWed@YouthAssembly@NGYouthSDGs@YouthInEnergy @REEFSA_empowers @energynewsproen 12. Some have argued that the Net zero target is impractical. This is a challenge, however, I would say it is achievable but the way in which the financial markets and Investors respond will be a great enabler to achieving the set goal or a huge barrier to achieving the goal.
@onewattsolar @ClimateWed@YouthAssembly@NGYouthSDGs@YouthInEnergy @REEFSA_empowers @energynewsproen 11. The floods and extreme weather events we are expressing now should serve as a warning of things to come. So investors should not hesitate before investing in the sector.
@onewattsolar @ClimateWed@YouthAssembly@NGYouthSDGs@YouthInEnergy @REEFSA_empowers @energynewsproen 10 v). Increase transparency,- investors should readily know their exposure to carbon risk as well as their carbon impacts. Governments at all levels should make it mandatory for companies to disclose their carbon risks and impacts.
@onewattsolar @ClimateWed@YouthAssembly@NGYouthSDGs@YouthInEnergy @REEFSA_empowers @energynewsproen 9. Investors need to use their understanding of the climate change problems we face now as pragmatic guides to analyse the manner in which they are investing. I believe using the principles of sustainability to guide investment makes business sense.
@onewattsolar @ClimateWed@YouthAssembly@NGYouthSDGs@YouthInEnergy @REEFSA_empowers @energynewsproen 8iv) Heavy Sanctions: Nigerian Governments should impose heavy sanctions on companies contributing to greenhouse emissions. There should also be in place high carbon taxes. In the long run, it is beneficial for everybody that we move as briskly as possible to a low carbon economy
@onewattsolar @ClimateWed@YouthAssembly@NGYouthSDGs@YouthInEnergy @REEFSA_empowers @energynewsproen 6iii) Clarity: We shouldn’t assume that people understand climate change. We need to keep having discussions like this so that people can understand climate change and its effect.
@onewattsolar @ClimateWed@YouthAssembly@NGYouthSDGs@YouthInEnergy @REEFSA_empowers @energynewsproen 5ii). Government participation at all levels- all levels of government, state, local, and Federal should invest wisely in low carbon infrastructure. For instance, local govt and state govt can issue a green bond in other to develop low-carbon infrastructure in their states.
@onewattsolar @ClimateWed@YouthAssembly@NGYouthSDGs@YouthInEnergy @REEFSA_empowers @energynewsproen 4i)Redirect savings to investing in climate solutions: to achieve a low carbon economy fast enough we all need to get involved. Considering the interest rate, we have currently in Nigeria, our savings should be channelled to investing in climate solutions that will deliverreturns
@onewattsolar @ClimateWed@YouthAssembly@NGYouthSDGs@YouthInEnergy @REEFSA_empowers @energynewsproen 2. We have processed carbon credits payments in excess of USD 21M to our partners Recently, @onewattsolar issued a 7-YEAR $25 MILLION GREEN BOND/SUKUK PROGRAMME Which happens to be the 1st Corporate Green Sukuk in Africa and 13th Green Sukuk in the World.