Nigeria

CBN publishes Situational Analysis of Women's Financial Inclusion in Nigeria

CBN publishes Exposure Draft on the Digital Financial Services Awareness Guidelines to address gaps in consumer knowledge and practices and promote inclusion

The government of Nigeria publishes the Climate Change Act

SEC publishes Guidelines on Sustainable Financial Principles for the Nigerian Capital Market

CBN hosts a two-day training on sustainable finance for the Nigeria Financial Services Regulation Coordinating Committee member regulators

CBN power interventions, aimed at improving infrastructure and electricity supply, have reached N1.3 trillion to date and include: · N300 billion Power and Aviation Intervention Fund · N213 billion Nigerian Electricity Market Stabilisation Facility · N140 billion Solar Connection Intervention Facility, including the development of in-country capacity for assembling and manufacturing affordable solar system solutions · N120 billion mass metering facility to address the 6 million metering gap · Hyundai Electric is the first 100% electric car with zero emissions assembled in Nigeria by the Sta

With its Decade of Gas campaign, Nigeria targets gas-powered economy by 2030 to exploit its 600 trillion cubic feet of gas resources and rising global demand for cleaner energy

With the Central Bank Digital Currency (CBDC), the e-Naira leveraging technology, Nigeria becomes the first country in Africa to issue digital currency to ease transactions and trading as well as deepen financial inclusion

As of June 2021, total outstanding credits/loans that have gone through environment, social, and governance (ESG) or environment and social (E&S) screening stands at $32.6 billion

CBN approves the solar energy adoption financing facility

Private sector collaborates to establish the Coalition Against COVID-19 (CACOVID)

Federal Government of Nigeria launches the MSME Survival Fund

Federal Government of Nigeria launches its Economic Sustainability Plan (ESP)

CBN publishes the Framework for Advancing Women’s Financial Inclusion in Nigeria

CBN approves N200 billion mortgage finance facility for the construction of 300,000 social housing units for low-income earners, expecting to create 1.5million jobs

As of 31 December 2020, $136 million worth of green bonds have been issued

MoE issues Nigeria Green Bond Guidelines and the National Adaptation Plan Framework

Access Bank issues the first corporate Green Bond valued at 15 billion Nigerian naira ($41 million)

CBN launches the Shared Agent Network Expansion Facilities (SANEF)

The Federal Government of Nigeria issues the Code of Corporate Governance, highlighting key principles to help institutionalize corporate governance best practices in Nigerian companies. The Code has six key governance pillars with sustainability as a stand-alone pillar

FMDQ OTC Securities Exchange publishes the Nigerian Sustainable Finance Roadmap and lists a Green Bond Financial Product

The SEC publishes Green Bond Issuance Rules and New Rule on Green Bonds

In 2016, the Financial Services Regulation Coordinating Committee (FSRCC) publishes the Nigerian Sustainable Finance Principles for member agencies and the institutions they regulate/supervise to mobilize sustainable finance flows from the capital markets, pension funds, and the insurance industry

In 2014, CBN creates the Reporting Template for the Nigerian Sustainable Banking Principles

CBN joins SBFN

CBN issues the Sustainable Banking Principles, Guidance Notes, and Sector Guidelines