Official COP24 side event invitation

13th December 2018 by CMIA

The Federal Government of Nigeria and the Climate Markets and Investment Association invite you to attend:

Leveraging domestic and international finance for NDC implementation

Thursday 13 December, 13:15 – 14:45 at COP24 Katowice International Congress Centre, Room Bieszczady, Zone G

Since ratification of the Paris Agreement in March 2017, Nigeria has prepared five sectoral action plans to guide implementation of its NDC and launched a domestic green bond to mobilize green finance for NDC aligned projects. Nigeria participates in the Climate Finance Accelerator to attract blended finance to NDC aligned projects esp. in climate-smart agriculture and renewable energy. An international advisory group has been created to mobilize finance and investment and the project pipeline is being developed further by the CFA to fully realize the NDC potential.

In parallel, work is underway towards updating the NDC in 2019. The Nigeria INDC was developed using a LEAP model. The electricity sector is one central component: energy access is low and meeting demand is essential for inclusive sustainable growth of the economy. Attracting climate finance and investment in the sector is a priority for the government, from blended finance solutions to private sector finance. We will present work on new electricity sector scenarios, with a high degree of stakeholder engagement and taking into account the real-world cost of different clean technologies.

We have a distinguished panel of speakers and look forward to a lively debate.

Event Chair and moderator: Margaret-Ann Splawn, Executive Director, CMIA

Keynote: Leon L. Aliboh, Permanent Secretary, Federal Ministry of Environment

Panel 1: Three perspectives on climate finance

Chris Dodwell, Ricardo Energy and Environment / Climate Finance Accelerator

Sean Kidney, CEO, Climate Bonds Initiative

Dr. Paul C. Abolo, President, Ecologistics

Panel 2: NDC implementation and update

Dr. Peter Y. Tarfa, Director, Department of Climate Change

Hans Verolme, founder, Climate Advisers Network

Maria Yetano Roche, researcher, Wuppertal Institute

Official invitation on UNFCCC website can be viewed here.