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<p>By Erika Paredes</p><div class="yBpwqrA3" style="clear:both;float:left;width:100%;margin:0 0 20px 0;"><script async src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js"></script>

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<p>Across Nigeria, a recurrent question among policymakers and business leaders is no longer about climate ambition, but about outcomes. What matters is whether climate action translates into households with steady power, affordable energy for businesses, and jobs for young people.</p>
<p>Climate capital is available, and Nigeria ranks among the top destinations for climate investors. Capital is flowing to solar grids, electric buses, flood-proof roads, and drought-resistant crops. Yet the central doubt remains whether the country has the delivery capacity to move fast enough. Success hinges not on funding alone, but on bankable projects: clear timelines, assigned roles, transparent risks, and fast approvals. When done right, paper becomes power plants.</p>
<p>Nigeria’s international climate engagement has not lacked ambition. Recent statements make this clear. This momentum is already visible: in 2023, the World Bank approved a USD 750 million clean energy programme to expand access for over 17.5 million Nigerians, while a separate agreement with Siemens Energy is advancing grid modernisation. This shows that well-structured projects can attract investment.</p>
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<p>Climate finance is often seen as only about saving forests. In reality, for Nigeria, it can be a growth engine that attracts investment and creates employment at scale. Nigerian leaders are already engaging with these opportunities. When energy projects advance faster, power reaches households and businesses.<br />
Countries that are beginning to scale climate finance successfully are not those announcing the largest targets. They are the ones strengthening the systems that turn opportunity into delivery, building confidence among investors and citizens alike. Successful top-scaler cases include Vietnam, with 17 GW of solar deployed in three years, and Chile, with 10 GW of renewables delivered through auctions and digital innovation.</p>
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<p>Nigeria has the capacity and readiness to seize this moment. The next step is clear: shift decisively from ambition to execution, modernise and diversify project portfolios, and prioritise outcomes that Nigerians feel in their daily lives, particularly young people.</p>
<p>About the author: Erika Paredes is a Harvard-trained climate finance leader, former UN senior executive, and CEO of Climate Solutions for All. She has mobilised over USD 8 billion in development finance across Africa, Asia, and Latin America.</p>
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