Event Description

Posted Sat, May 3, 2025 6:33 PM

Timeframe: Thu, May 15, 2025 3:00 PM - Thu, May 15, 2025 5:00 PM

Engagement Towards a Successful Global Energy Transition Initiative for Nigeria

The Nigerian Economic Summit Group (NESG), in collaboration with GIZ-PACT, is organizing a physical event to address these challenges. The event will feature presentations by facilitators from various DFIs on the key considerations for the financing Nigeria’s Energy Transition Plan, and strategies to attract financiers. It was determined based on outcomes from the first two sessions (webinar and physical event) that access to finance still remains a significant challenge in order to assess interventions for the targeted ETP sectors would require in accelerating the Nigerian Energy Transition to meet the financial target of $1.9 Trillion to get to Net Zero by 2060,

The specific objectives include:

• Examine the challenges financiers face in deploying capital for sustainable energy projects in Nigeria and lessons learned from existing financing mechanisms and opportunities for improvement.

• Evaluate strategies to de-risk investments and attract private capital to scale clean energy solutions.

• Showcase successful case studies of DFI-supported projects in Nigeria’s renewable energy.

• Explore innovative financing models (e.g., blended finance, carbon credits) and policy incentives to encourage projects bankable.

• Engage DFIs, impact investors, and policymakers in co-creating actionable solutions to accelerate investment in the sector.

• Identify concrete steps to align DFI priorities with Nigeria’s energy transition needs, including pipeline development and capacity building.

• Strengthen partnerships between financiers, government, and implementers to unlock capital flows for high-impact projects.

• Encourage actionable recommendations to accelerate Nigeria’s energy transition.