Africa

‘Nigeria needs $336.5bn for climate action’

Punch Nigeria November 01, 2026 10 views
‘Nigeria needs $336.5bn for climate action’

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Nigeria has announced that it will need roughly $336.5 billion to fund climate‑change mitigation and adaptation programmes between 2026 and 2035, according to a statement from a government official.

The figure, which was disclosed by the Nigerian government, reflects the scale of investment required to address the country’s growing vulnerability to climate impacts such as flooding, desertification and extreme heat.

Climate experts say that the funds would support projects ranging from renewable energy expansion and reforestation to infrastructure upgrades designed to withstand more frequent extreme weather events.

While the exact allocation of the $336.5 billion is yet to be detailed, the announcement underscores Nigeria’s commitment to meeting its national and international climate‑action targets over the coming decade.

As Africa’s most populous nation, Nigeria’s climate‑finance needs are among the largest on the continent, highlighting the broader regional challenge of securing sufficient resources for sustainable development.

<small>Source: Punch Nigeria — read the original story there.</small>

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