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COP31: Global Investors rally as Commonwealth Secretariat, UN Agency, others on queue for Nigeria Climate Investment Summit

Mediatracnet by Mediatracnet
April 28, 2026
in Business & Economy, News, World
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COP31: Global Investors rally as Commonwealth Secretariat, UN Agency, others on queue for Nigeria Climate Investment Summit

By Bassey Udo

Prominent global, national, and municipal agencies and leading private-sector institutions have indicated their support for the inaugural Nigeria Climate Investment Summit (NCIS) billed for London in June 2026.

Top among them are the United Nations Sustainable Energy for All (SEforAll), the Commonwealth Secretariat, the City of London, and the Worshipful Company of Fuellers, a livery company representing the energy industry with membership spanning electricity generation, renewables, oil, and gas supply chains.

Organisers of NCIS London said full details of confirmed partnerships, supporting organisations, and high-level participants would be released in the weeks leading up to the epoch-making event.

Designed as a major programme of the London Climate Action Week (LCAW), the largest, most diverse, and influential gathering of climate change and investment professionals in the world, the NCIS would convene senior Nigerian officials, including the leadership and members of the National Assembly, Heads of Ministries, Departments and Agencies, Governors and sub-national leaders, key regulators, corporates, and other pertinent actors.

Also, they would be joined by members of the UK and global investment community, intergovernmental organisations, Development Finance Institutions, regulators, institutional investors, businesses with innovative investment plans in Nigeria, and diaspora capital networks.

A statement co-signed by Malini Mehra, CEO, GLOBE Legislators and Oke Epia, CEO, SOStainability, said the Summit would provide a structured platform to present Nigeria’s climate policy progression, highlight investable transition opportunities, and showcase institutional ESG performance before a key global audience in London, the epicentre of climate finance.

Besides, the statement said the NCIS would explore investment pathways into numerous renewable energy and transition opportunities in Nigeria, given recent policy initiatives like the launch of the National Carbon Market Framework (NCMF), Phase 3 of the Nationally Determined Contributions (NDCs), activation of the Climate Action Plan, and unbundling of the electricity sector through the Electricity Act 2023.

In addition, the Summit would reaffirm, with demonstrable evidence, Nigeria’s position as the destination of choice for climate finance, green investments, and delivery of SDG 7 on energy access; broker deals and initiate twinning opportunities for investment uptake and sustainable, productive partnerships around energy access, renewables, and transition projects; support engagement by leading Nigerian lawmakers and sub-national leaders with global energy and climate diplomacy, ahead of COP 31 in Antalya, Turkey as well as offer policy recommendations and clear implementation pathways, including through Nigeria’s NDC on advancing climate action with intergovernmental and policy partners.

“NCIS London will leverage the work of intergovernmental organisations and multilateral development agencies, including the World Bank, African Development Bank (AfDB), NDC Partnership, and philanthropic institutions such as Ashden, African Climate Foundation, and the Earthshot Prize,” the statement said.

The Summit, the statement added, would also leverage the proven paradigms of key London-based institutions and initiatives, including the UK and City of London Corporation’s Transition Finance Council, which are positioning London as the best place in the world to credibly raise transition capital, invest, and obtain financial and professional services in support of UK and global net zero ambitions, including in key trading partners such as Nigeria.
The Commonwealth Secretariat said NCIS London offers an opportunity for the global body to deepen ongoing engagements with Nigeria, especially on climate data and gender mainstreaming.

Senior Director, Climate Change and Oceans of the Commonwealth Secretariat, Suresh Yadav, said it is proud to support the NCIS London initiative alongside its partners as “investors value transparency and predictability above all else.”

“Nigeria’s national framework for gender and climate data is a deliberate step toward meeting that standard. By bringing together a strong coalition around a coherent long-term vision, Nigeria is building the foundations of investment-grade climate infrastructure that no single institution can deliver alone.

“The framework establishes the basis for a National Data Hub that will centralise high-quality, gender-disaggregated climate data, helping to de-risk the ‘S’ in ESG and strengthen the evidence base required by global capital markets. For the global investment community, the message is clear: Nigeria is not only open for business; it is building the systems needed to attract and scale high-integrity, sustainability-aligned capital”, Yadav said.

Sponsor of Nigeria’s Climate Change Law and President-designate of GLOBE Legislators, Rt. Hon. Sam Onuigbo, described NCIS as a critical engagement for global stakeholders interested in investing in Nigeria’s numerous green investment opportunities.

He said: “The Nigeria Climate Investment Summit (NCIS) will be a pivotal moment for green industrialisation for Nigeria as it seeks to leverage the global convergence of key actors at London Climate Action Week to showcase the Nigerian landscape, especially the policies and investment opportunities. It is therefore critical that both local and international actors take it seriously and prepare to maximize the opportunities.”

NCIS is being convened by SOStainability, a sustainability consulting firm with head offices in the UK, and GLOBE Legislators—Focal Point of the United Nations Framework Convention on Climate Change (UNFCCC) Parliamentary Group.

The strategic partnership between both organisations ensures that lawmakers at the national and sub-national levels are closely involved from the inception, formulation, and iteration of legislative frameworks, while ensuring effective oversight and accountability.

While GLOBE will build on its pioneering Parliamentary Guide to Carbon Markets and Article 6 (2025) to foster the role of legislatures in the climate policy and implementation loop, SOStainability will unveil its Sustainability Policy & Practice Spotlight (SPPS), a structured accountability initiative profiling ESG performance and compliance, climate policy alignment, and sustainability integration across corporate Nigeria.

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