The Nigeria Sovereign Investment Authority (NSIA) has signed a memorandum of understanding (MoU) with the National Council on Climate Change (NCCC) to ensure the development of a climate change framework and provide guidelines for regulating emissions in Nigeria.
Speaking on Monday during the signing ceremony, Aminu Umar-Sadiq, managing director and chief executive officer of NSIA, said the agreement was made due to the urgency to address climate risks.development and implementation of strategies to support climate change actions and energy transition.
“The agreement with our partner, NCCC is one of the strategic steps we are taking to meet our social impact goals and sustainability commitments.” “NSIA’s maiden impact report highlights the authority’s development agenda and impact over several years of operations as well as the authority’s efforts to safeguard the environment and address relevant climate-related risks and opportunities in line with best practices,” he said.
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