December 31, 2021 7:37 PM
“The climate change bill provides amongst other things the mainstreaming of climate change actions in the country and the establishment of the national council on climate change, to be chaired by Mr. President.”She added that the federal ministry of environment will continue to help set up appropriate governance structures, reduce carbon emission, and enhance energy resources.
Ikeazor expressed optimism that there will be a continuous collaboration between NGX and the ministry of environment to build a framework that will help issuers navigate climate disclosures, associated engagements with their shareholders and ultimately improve on the climate data available to the investment and finance community.
“This collaborative effort led to the issuance of the maiden N10.69 billion, 13.48%, 5 -year FGN green bonds in 2017 to fund a range of green projects.He said these sovereign issuances paved the way for the issuance of corporate bonds, including Access Bank’s issuance of N15 billion 5-year fixed-rate senior unsecured bonds.
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