Centre for 21st Century Issues in collaboration with Natural Eco-Capital, Department of Climate Change, Federal Ministry of Environment and Lagos State Government on Thursday September 9 and Friday September 10, trained women on climate finance and how to facilitate engagement with the Green Climate Fund (GCF) processes in Nigeria.
With support from Both Ends, Netherlands, over sixty participants were drawn from women groups and CSOs across Nigeria for the capacity training themed “Understanding The Green Climate Fund Readiness Process in Nigeria” and “Roundtable discussion on Letter of No Objection Process”
The Executive Director, Centre for 21st Century Issues, Ms. Titi Akosa in her remarks said that the GCF Readiness and Preparatory Support Programme was an important programme of assistance to help countries get ready to access climate finance.
She said, “It is part of the GCF funding and support modalities aimed at helping countries advance their climate change adaptation and mitigation priorities.
“The Readiness Programme, aims to support country ownership and align GCF investments by strengthening the institutional capacities of National Designated Authorities (NDAs) or Focal Points (FPs) and direct access accredited entities (DAEs) to enable them prioritize and oversee development and implementation of country-driven strategies and low emission and climate-resilient interventions.
In her speech, the director, Department of Climate Change, Federal Ministry of Environment, Halima Bawa Bwari, represented by Mrs Benedetta Ejiofor, noted that till date, the National Designated Authority, NDA has reviewed over 30 proposals for GCF and issued over 20 “No Objection Letters” for various Project Concept Notes/Funding Proposals.
While maintaining that the Nigeria is making huge progress in the processes of climate adaptation and approval of climate adaptation proposals, she said that Nigerian Incentive Based Risk Sharing System For Agricultural Lending (NIRSAL) and the Development Bank of Nigeria (DBN) are currently undergoing accreditation with the GCF as (National) Accredited Entities under the small and medium categories.
Similarly, the director, Climate Change and Environmental Planning, Lagos State Ministry of Environment and Water Resources, Mr Bankole Michael noted that the Lagos State government and other relevant agencies are working in synergy to tackle pollution in the state.
Other speakers include Adebayo Adekoje, who trained participants on Nigeria’s National Adaptation Plan Framework of Ministry of Environment which aims to facilitate the management of Nigeria’s medium and long term adaptation needs in a coherent and coordinated manner.
Okebugwu Chukwuemeka of the Climate Technology Centre and Network of the UNFCCC facilitated on the need to promote the accelerated development and transfer of climate technologies at the request of developing countries for energy.
Kayode Ashaolu of NIRSAL Plc educated participants on the modalities for putting together effective climate finance proposals and the credit risk guarantee that NIRSAL can give to aid the entire process and make it smooth sailing.