Global investors are positioning for Nigeria’s attractive carbon transition market as a coalition of international institutions backs the inaugural Nigeria Climate Investment Summit (NCIS), scheduled for London in June 2026.

Support for the summit has been confirmed by Sustainable Energy for All (SEforAll), the Commonwealth Secretariat, the City of London Corporation and the Worshipful Company of Fuellers. The event organisers, in a release, said it signals growing confidence in Nigeria’s climate investment.

The NCIS is designed as a flagship programme within London Climate Action Week, widely regarded as one of the world’s largest gatherings of climate finance and policy stakeholders.

The organisers also noted that the summit would bring together senior Nigerian policymakers, including federal lawmakers, ministers, regulators and state governors, with global investors, development finance institutions and diaspora capital networks.

At its core, the summit aims to present Nigeria’s evolving climate policy framework and unlock capital for energy transition projects.

The forum is coming on the backdrop of the Electricity Act 2023, the National Carbon Market Framework and updated Nationally Determined Contributions, which are expected to dominate conversation at the event.

Participants would, according to the release, explore bankable opportunities across renewable energy, green infrastructure and carbon markets, with the summit positioned as a deal-making platform for partnerships and project financing.

The organisers added that it would also support Nigeria’s diplomatic engagement ahead of COP31.

The initiative is expected to leverage multilateral backing from institutions such as the World Bank, African Development Bank, NDC Partnership and climate-focused philanthropies including Ashden, African Climate Foundation and The Earthshot Prize.

London’s own transition finance ecosystem is also expected to play a pivotal role as the UK’s Transition Finance Council, alongside the City of London, is positioning the capital as a global hub for raising transition capital and structuring sustainable finance flows into emerging markets such as Nigeria.

The Commonwealth Secretariat said the summit aligned with its work on climate data governance and gender inclusion.

Senior Director for Climate Change and Oceans, Suresh Yadav, noted in a statement that Nigeria’s push to develop a national, gender-disaggregated climate data framework would improve transparency and help de-risk investments.

“By bringing together a strong coalition around a coherent long-term vision, Nigeria is building the foundations of investment-grade climate infrastructure,” he said, adding that robust data systems would strengthen investor confidence.

Meanwhile, the sponsor of Nigeria’s Climate Change Act and President-designate of GLOBE Legislators, Sam Onuigbo, described the summit as pivotal to advancing green industrialisation and attracting international capital.