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Green bonds offer hope, and risk, in Africa's climate fight

Energy Daily Monday, 30 June 2025 ()
Green bonds offer hope, and risk, in Africa's climate fightLagos (AFP) June 27, 2025

It only took two days for Nigeria to raise $59 million through green bonds - part of a funding drive for climate and environmental projects in a nation still hooked on oil. Africa remains a small player in the green bond market, and the debt instrument is underused - but it is becoming a fast-growing source of funding for the world's poorest continent, which is at the forefront of climate
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