COP 28: Tinubu urges immediate investment in sustainable energy for Africa’s green transition

President Bola Ahmed Tinubu has emphasized the urgent need for investments in alternative energy to facilitate a successful transition to sustainable energy in Nigeria and across Africa. Speaking at a panel on African Green Industrialization during COP 28, Tinubu highlighted the crucial areas requiring fresh investments to leverage Africa’s substantial potential contribution to the emerging global green economy while ensuring a smooth and effective transition.

Recognizing that Africa contributes the least to global carbon emissions but bears a disproportionate economic burden for transitioning to cleaner energy, President Tinubu underscored the importance of risk management in Africa’s swift adoption of cleaner energy. He stressed that the continent must not become a victim of the disruptions associated with climate change mitigation measures.

President Tinubu called for global manufacturers to collaborate in investing in the environmental health of Africa, emphasizing the continent’s unparalleled opportunity in this regard. He assured that obstacles inhibiting progress in Africa’s largest economy are being removed, creating a cleaner and more favorable investment environment.