Nigeria's Climate Action Needs $336.5 Billion by 2035

Tenioye Majekodunmi, the Director-General of the National Council on Climate Change, announced that Nigeria needs approximately $336.5 billion between 2026 and 2035 for climate change mitigation and adaptation programs. This funding requirement includes $195 billion for emissions mitigation and $141.5 billion for adaptation.

Majekodunmi emphasized that these investments are expected to create jobs and strengthen economic resilience in key sectors such as energy, agriculture, and infrastructure. Chaste Inegbedion, Head of Failure and Social Experiments at Semaform Foundation, mentioned plans to launch a platform called Grant Swipe, aimed at connecting organizations seeking climate funding with grant providers and investors.

This platform will be unveiled at the Handshake Summit and Awards on November 13, 2026, in Antalya, Türkiye, during the United Nations Climate Change Conference, COP31. The summit will address climate finance and feature discussions on various related topics.