SEO Riders
– Adaptation Finance Strategy Validation Highlights Investment Returns
– National Adaptation Plan Drafting Aims for Timely COP28 Submission
– Minister Emphasizes Cost of Inaction and Blueprint for Climate Resilience
At a high-level Validation Workshop held in Abuja, the Federal Ministry of Environment reaffirmed its commitment to extracting economic value from its National Adaptation Plan (NAP). Permanent Secretary Alhaji Mahmud Kambari, represented by Dr. Iniobong Abiola-Awe of the Department of Climate Change, urged participants to emphasize “what investors stand to gain from adaptation planning and what the country risks losing in its absence,” stressing that “inaction is what we cannot afford at this time.” The workshop also marked the initiation of drafting Nigeria’s Adaptation Finance Strategy, a foundational document aimed at enhancing climate resilience across sectors.
The exercise forms part of a strategic roadmap to finalize the National Adaptation Plan document, with the goal of timely submission to the UNFCCC ahead of COP28 in Brazil, November 2025. As Kambari highlighted, the adaptation finance framework being developed will serve as a blueprint for mobilizing, managing, and directing resources toward Nigeria’s adaptation priorities. UNEP Task Manager Gift Gewona added that adaptation investments must yield measurable returns—urging a focus on projects with the greatest cost-effectiveness.