By Omoniyi David<\/p>\n
Nigeria\u2019s push toward sustainable finance received a major lift as FMDQ Group PLC, FC4S Lagos, FSD Africa and Chapel Hill Denham formalised a partnership with Kaltani International Ventures Limited to develop the country\u2019s first corporate plastic- and carbon-linked financing instrument.<\/p>\n
The agreement, signed on November 24 in Lagos under the Nigerian Green Bond Market Development Programme, aims to expand access to sustainable financing for Kaltani, a leading plastic-recycling company.<\/p>\n
The initiative comes as Nigeria ranks among the world\u2019s top 10 plastic-waste producers.<\/p>\n
The financing product, developed by FC4S Lagos with support from FSD Africa and FMDQ is expected to strengthen circular-economy value chains and attract private capital for large-scale environmental projects.<\/p>\n
FSD Africa\u2019s Joy Kendi said the collaboration marks a bold step in unlocking Africa\u2019s next generation of climate-finance solutions, noting that Phase I work, including carbon-credit assessments, has begun.<\/p>\n
Kaltani CEO Obi Charles Nnanna described the partnership as a model for \u201cturning waste into wealth, jobs and measurable climate impact,\u201d adding that it proves climate finance can be both local and transformational.<\/p>\n
FMDQ\u2019s COO, Tumi Sekoni, said the initiative boosts Nigeria\u2019s readiness for sustainability-linked instruments and aligns with the goals of the FMDQ Green Exchange.<\/p>\n
The partnership is seen as a landmark move positioning Nigeria as a rising hub for climate-finance innovation in Africa.<\/p>\n","protected":false},"excerpt":{"rendered":"
By Omoniyi David Nigeria\u2019s push toward sustainable finance received a major lift as FMDQ Group PLC, FC4S Lagos, FSD Africa and Chapel Hill Denham formalised a partnership with Kaltani International Ventures Limited to develop the country\u2019s first corporate plastic- and carbon-linked financing instrument. The agreement, signed on November 24 in Lagos under the Nigerian Green […]<\/p>\n","protected":false},"author":29,"featured_media":79522,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[],"class_list":["post-79521","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"aioseo_notices":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/79521","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/comments?post=79521"}],"version-history":[{"count":1,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/79521\/revisions"}],"predecessor-version":[{"id":79523,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/79521\/revisions\/79523"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media\/79522"}],"wp:attachment":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media?parent=79521"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/categories?post=79521"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/tags?post=79521"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}