The Federal Government through the National Council on Climate Change (NCCC) has unveiled Nigeria’s Net Zero Investment Plan, outlining the National Determined Contributions (NDC), the existing climate and development frameworks, particularly the Agenda 2050.

Speaking at the ceremony in Abuja, Country Director of GIZ, Dr Markus Wagner stated explicitly that it is an important step in translating the country’s climate ambitions into practical and bankable investment opportunities, and will serve as long -tern road map for achieving NetZero emission.

Wagner also explained that beyond setting targets, the NZIP provides a structured framework that can help mobilise public and private finance towards sustainable economic growth, climate resilience, and long term low carbon development.

According to the Country Director, achieving net zero requires strong partners, financial institutions, and the private sector. The plan demonstrates Nigeria’s commitment to aligning climate action with national development priorities, while creating an enabling environment for investments.

“Together, these frameworks provide the policy foundation for pathway towards sustainable economic transformation, climate resilience and netzero emission. The framework identifies priority investment sectors, outlines financing requirements, and proposes instruments for closing existing climate finance gaps.”

He said, “In doing so, the plan aims to support Nigeria’s contribution to global climate neutrality efforts, while strengthening the country’s ambition to become a globally competitive, knowledge -driven economy and a climate leader on the African continent in line with the African Union’s Agenda 2063.”

However, the NZIP was developed under the NDC Partnership’s “Global Call for NDC’s 3.0 and Long Term Low-Emission Development Strategy,LT-LEDS, with technical support from GIZ, GmbH and funding from the German Federal Ministry for Environment, Climate Action, Nature Conservation, and Nuclear Safety through International Climate Initiative.