The Lagos State Office of Climate Change and Circular Economy has announced plans to host the maiden edition of the Climate Finance Preparedness Clinic as part of efforts to strengthen Nigeria’s climate finance ecosystem and unlock investments for sustainable development.
The two-day clinic, scheduled to hold from July 15 to 16, 2026, is aimed at bridging the gap between circular economic growth and climate finance by preparing institutions to develop and finance bankable climate projects.
This was disclosed in a statement issued on Sunday by the Special Adviser to the Lagos State Governor on Climate Change and Circular Economy, Titi Oshodi.
According to Oshodi, the initiative is designed to translate the state’s climate ambitions into practical projects capable of delivering social, economic and environmental benefits.
She said the clinic follows recent engagements by Governor Babajide Sanwo-Olu at the London Climate Action Week, where Lagos signed a Memorandum of Understanding with the Climate Group, formally joining the Under2 Coalition, a global network of subnational governments committed to achieving net-zero emissions and building climate-resilient economies.
“We have just returned from the London Climate Week, where the governor signed a Memorandum of Understanding with Climate Group, formally signaling Lagos State’s entry into the Under2 Coalition, which is the world’s largest network of states and regions committed to achieving net-zero emissions and building climate-resilient economies,” Oshodi said.
She added that Lagos also unveiled its State-Determined Contributions Framework during the event, describing it as a pioneering subnational climate investment architecture designed to convert policy ambitions into investable opportunities.
“We also took the opportunity to introduce our State-Determined Contributions Framework, which is a pioneering subnational climate investment architecture designed to convert policy ambition into investable opportunities. One of our motivations for these actions is our conviction that climate investment and economic development are no longer separate agendas,” she stated.
Explaining the objective of the clinic, Oshodi said it would serve as the implementation vehicle for the state’s investment framework by ensuring that climate projects are both technically sound and financially attractive to investors.
“So the CFPC is conceived as an implementation vehicle of our SDC Framework. While the SDC Framework develops investment-ready projects, the Clinic is designed to prepare the ecosystem to finance them. Our goal is to ensure that climate projects in Lagos are not only technically viable but are also financially investable,” she said.
She stressed that financial institutions must be equipped to assess climate risks and channel funding into climate solutions if Nigeria is to attract significant climate investments.
“To set this in motion, Nigeria’s financial ecosystem must be ready for it. Monies have to flow through the financial system, which means those institutions have to be ready to receive and disburse them. Projects alone do not attract investment. Our cities also need financial institutions capable of evaluating climate risk and financing climate solutions,” Oshodi added.
The state government said the clinic builds on the momentum generated during the London Climate Action Week, where the Lagos delegation convened a Climate Investment Roundtable, engaged investors and development partners, and strengthened international partnerships through its membership of the Under2 Coalition.
Director of the Under2 Coalition and Subnational Governments Nehmat Kaur Governor Babajide Sanwo-Olu and Special Adviser to the Governor on Climate Change and Circular Economy Titi Oshodi, after the signing of the Under2 Coalition MoU at London Climate Action Week 2026 recently. Credit: Office of the Special Adviser on Climate Change and Circular Economy
It added that the programme would also introduce initiatives to strengthen sustainability and climate reporting, including the Eco-Label Certification System, which recognises organisations for verified sustainability performance through the DecarbonIQ platform.
According to the statement, the platform is designed to help organisations generate credible climate data, monitor environmental performance and improve sustainability reporting to support informed decision-making.
The event will conclude with the Climate Finance Excellence and Recognition Awards Night, where organisations and individuals contributing to climate finance and sustainable development in Nigeria will be honoured.
The Office of Climate Change and Circular Economy is responsible for driving climate action and promoting circular economy principles in Lagos through policies, strategic partnerships and innovative financing mechanisms aimed at building a resilient, low-carbon and inclusive economy.
