Nigeria faces a $17.7 billion annual climate finance gap, yet opportunities abound for states and businesses to unlock transformative funding.
To bridge this gap, the Partnership for Agile Governance and Climate Engagement (PACE) developed this practical guide to help subnational governments and eco-friendly businesses access climate finance. Drawing on over two decades of governance reform experience, PACE provides actionable steps, readiness tools, and insights into 18 priority climate finance sources, positioning you to drive climate-resilient growth.
GUIDE TO ACCESSING CLIMATE FINANCE
Why Climate Finance Matters?
$2.5 billion
Climate finance attracted by Nigeria in 2021/22, a 32% increase from 2019/20, but still less than 1% of GDP.
$17.7 billion annually
What Nigeria needs to meet its climate goals.
States and local governments
On the frontlines of climate impacts, yet most still lack the systems to access available funds.
Why Climate Finance Matters?
$2.5 billion
Climate finance attracted by Nigeria in 2021/22, a 32% increase from 2019/20, but still less than 1% of GDP.
$17.7 billion annually
What Nigeria needs to meet its climate goals.
States and local governments
On the frontlines of climate impacts, yet most still lack the systems to access available funds.
What This Guide Offers
Funding (Climate Finance) Opportunities at a Glance
