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Thursday, October 16, 2025

FG reiterates commitment to sustainable development, climate action

Deputy finance minister Doris Uzoka-Anite has reiterated the country’s commitment to driving sustainable development and climate action.

• October 16, 2025
Minister of industry, trade, and investment, Doris Uzoka-Anite
Deputy finance minister Doris Uzoka-Anite

Deputy finance minister Doris Uzoka-Anite has reiterated the country’s commitment to driving sustainable development and climate action.

Ms Uzoka-Anite said this at the 14th meeting of the Coalition of Finance Ministers for Climate Action on Wednesday in Washington, D.C.

The meeting was on the sidelines of the 2025 International Monetary Fund/World Bank Group annual meetings.

The minister said that the country was advancing a sustainable finance strategy that integrates fiscal reforms to strengthen budgetary resilience and innovative instruments such as green bonds and carbon markets.

It also includes, she said, strategic partnerships to mobilise concessional and blended finance.

She said that to achieve this, the country was scaling nature-based solutions that deliver both mitigation and adaptation benefits, with transparent use of proceeds for infrastructure such as irrigation, transport, and early warning systems.

The minister said that the country was also expanding its sovereign green bond programme with the successful issuance of the third green bond to finance both mitigation and adaptation priorities.

“We are committed to integrating climate change into our economic and financial policies. Our resilience finance strategy is designed to promote inclusive, climate-resilient growth and protect the livelihoods of our citizens,” Ms Uzoka-Anite said.

She called for fair and predictable access to climate finance, stronger global collaboration to accelerate resilience investments, and enhanced support from development partners to blend concessional finance with private capital.

“We are ready to move from dialogue to delivery and from resilience to shared prosperity,” she added.

Ms Uzoka-Anite said that the approach would enable the country to introduce debt vulnerabilities while channelling resources into projects that protect livelihoods and promote inclusive, climate-resilient growth.

 (NAN)

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