The Nation Newspaper FG partners stakeholders on financing mechanisms sustainable environment
The Federal Government in partnership with stakeholders have stressed on the need for financial inflow in the environmental sector, as they suggest that the financing should be sustained by allowing allocations and resources for project initiatives aimed at protecting and preserving the environment., the Minister, Ministry of Environment, Balarabe Abbas Lawal said Environment Financing is capital intensive, which calls for more financial inflow.
“Mobilising more financial inflow for environmental sustainability is essential because it allows for the allocation of resources towards projects and initiatives aimed at protecting and preserving the environment. As we are all aware, presently, our nation stands at a critical juncture, where the urgency to act boldly on environmental issues is undeniable.
In his welcome address, the Minister of State for Environment Iziaq Adekunle Salako said the need to galvanize more financial windows for environmental sustainability efforts is not just an aspiration but a commitment that will define his era. “I urge us to continue fostering more robust collaborations with our development partners and philanthropists to enable us leverage on shared resources, expertise and funds to fortify our collective response to environmental challenges.”
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