{"id":7016,"date":"2026-01-16T11:16:08","date_gmt":"2026-01-16T11:16:08","guid":{"rendered":"https:\/\/ograsset.com\/?p=7016"},"modified":"2026-01-16T11:16:09","modified_gmt":"2026-01-16T11:16:09","slug":"ngx-champions-3bn-climate-capital-initiative","status":"publish","type":"post","link":"https:\/\/ograsset.com\/index.php\/2026\/01\/16\/ngx-champions-3bn-climate-capital-initiative\/","title":{"rendered":"NGX champions $3bn climate capital initiative"},"content":{"rendered":"\n
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NGX champions $3bn climate capital initiative<\/h1>\n\n\n\n

The Nigerian Exchange Group, in collaboration with Germany\u2019s development finance institution DEG and leading corporate players, has launched an initiative to accelerate Nigeria\u2019s transition to net-zero and position local firms to access climate-linked capital estimated at $3 bn.<\/p>\n\n\n\n

The NGX\u2013DEG CEO Roundtable brought together corporate leaders, development finance institutions, and market stakeholders to advance the NGX Net-Zero Programme, a market-led initiative aimed at strengthening the long-term competitiveness and investability of listed companies.<\/p>\n\n\n\n

In his opening remarks, Group Chairman of NGX, Umaru Kwairanga said capital markets must lead Africa\u2019s climate response. \u201cCapital markets must be at the centre of climate leadership in Africa. The NGX Net-Zero Programme enables companies to move from climate ambition to measurable action,\u201d he said.<\/p>\n\n\n\n

Also, the Group Managing Director and Chief Executive Officer of NGX, Temi Popoola, highlighted the investment rationale, noting that climate risk is now a key factor in corporate valuation and capital allocation. \u201cGlobal capital is increasingly conditional, with climate risk directly impacting cost of capital. Companies that embed sustainability into strategy and governance are better positioned to attract long-term investment,\u201d he said.<\/p>\n\n\n\n

Additionally, Member of the Management Board of DEG, Monika Beck, added that the partnership aims to mobilise private capital to accelerate climate action while delivering sustainable development impact. \u201cPartnerships like this enable us to scale solutions that are both impactful and commercially viable,\u201d she said.<\/p>\n\n\n\n

During the session, CEO of Chapel Hill Denham, Bolaji Balogun noted that execution remains a key challenge. \u201cAccess to capital, technical expertise and credible frameworks are essential if climate reporting is to translate into real investor value,\u201d he said.<\/p>\n\n\n\n

The President and CEO of Transcorp Plc, Owen Omogiafo, stressed the importance of practical solutions. \u201cAfrica\u2019s climate transition must be practical and inclusive, balancing sustainability objectives with economic growth and social impact,\u201d he said.<\/p>\n\n\n\n

The event concluded with a Closing Gong Ceremony and follows a multi-million-naira co-funding partnership between NGX and DEG Impulse gGmbH under Germany\u2019s develoPPP programme, which provides subsidised net-zero transition planning, technical capacity building, and globally recognised frameworks for listed companies.<\/em><\/p>\n\n\n\n

Source:<\/em> https:\/\/punchng.com\/ngx-champions-3bn-climate-capital-initiative\/<\/em><\/p>\n\n\n\n

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NGX champions $3bn climate capital initiative The Nigerian Exchange Group, in collaboration with Germany\u2019s development finance institution DEG and leading corporate players, has launched an initiative to accelerate Nigeria\u2019s transition to net-zero and position local firms to access climate-linked capital estimated at $3 bn. The NGX\u2013DEG CEO Roundtable brought together corporate leaders, development finance institutions,… <\/p>\n

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