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Clean Cooking: Companies will be Supported with Clean-finance Incentives for Sustainable Solutions – SPEC

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As Nigeria Intensifies effort to shift towards more sustainable and cleaner energy sources, the Special Presidential Envoy on Climate Action SPEC and Special Adviser to the President on Media and Publicity, Ajuri Ngelale has disclosed plans by the Federal Government to support companies with clean-finance incentives to empower them for sustainable solutions.

The Presidential Envoy made this known in a brief made available to State House correspondents, on Tuesday, after his meeting with the Chief Executive of BURN Manufacturing, a clean cooking stove manufacturing company, in Abuja.

Accordingto the SPEC, “Sequel to an initial conversation with BURN Manufacturing a few weeks ago, the Global CEO, Mr. Peter Scott visited me on Tuesday and detailed plans to construct a full end-to-end cooking stove manufacturing facility in Ogun State as an upgrade to their assemble-only plant in Kano State.

“As clean cooking becomes more of a national focus, as not only a wealth-creating opportunity, but also as a central theatre of activity in the just transition, companies will be supported with clean-finance incentives to empower our people to create sustainable solutions for tomorrow.”

In a similar development, the SPEC played host to the Brazilian Head of Embassy, Mr. Joao Soares, at the State House, in Abuja and exchanged views on present and future opportunities inherent in the climate action and green industrial spheres.

Ngelale observed that as Africa’s and South America’s most populous nations, the two countries stand as critically important allies in the global south, while stressing the need to deepen industrial and other forms of collaboration to advance climate justice and ensure new economic opportunity for both countries

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