Blended Finance: Key to Affordable ‘Green’ Housing Delivery in Nigeria

  From Billions to Trillions In the lead up to the Paris Climate Summit of 2015, it became clear that efforts at achieving the ambitious targets of the SDG’s, would require equally ambitious efforts at utilising the “billions” in ODA (official Development Assistance) and available development resources to attract, leverage, and mobilize “trillions” in investments…

Is Green Building Really New to Africans?

According to the IFC, buildings account for about 40% of global energy consumption and 19% of greenhouse gas emissions. Given these statistics, reducing energy and resource consumption in buildings is increasingly becoming a focus of efforts at mitigating the effects of global climate change. In the lead up to COP21, buildings were recognized and identified…

The case for adopting Green Building practices in Nigeria

According to HSBC’s ‘Fragile Planet Report 2018’, Nigeria ranked the 15th most vulnerable country to climate change globally. Given the historic failures of successive Nigerian governments to proactively respond to such economic/social/environmental threats even with repeated warnings from our contemporaries in the West (e.g. Ex-President Obama’s repeated announcements of a reduction of US dependence on…

Renewable Energy & Green Buildings: Solution to Nigeria’s perennial on-grid power supply challenges?

Let’s not kid ourselves, Nigeria’s on-grid power supply challenges are not going away anytime soon. As a matter of fact, only yesterday (15th January 2019) indications emerged of a possible blackout across the country as electricity Generating Companies (GENCOs) threatened to shut down their plants over what they described as ‘frequency decay due to inefficient…