NGX partners UK to scale up investments in climate transition, SDGs | TheCable

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The Nigerian Exchange Limited (NGX) has partnered with the UK government’s Mobilising Institutional Capital Through Listed Product Structures (MOBILIST) programme.

The partnership, both parties explained, is to enable greater investment toward achieving the United Nations sustainable development goals in Africa through products listed on the exchange.

Cleverly visited the NGX trading floor and said that the collaboration between MOBILIST and NGX can help to catalyse and scale up public market investment products that support the climate transition and SDGs.“Today, I announce a new partnership between Nigerian Exchange and MOBILIST that will bring capital markets more squarely into financing economic development. It will support the climate transition and the achievement of the UN Sustainable Development Goals ,” Cleverly said.

“Developing countries need at least $3.9 trillion in additional financing per year to achieve the SDGs. MOBILIST will help. And it’s just one of British Investment Partnership’s programmes.

Also speaking, Temi Popoola, NGX’s CEO, said the exchange remained firmly dedicated to promoting sustainable finance in Nigeria.

 

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