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Lagos to Convene Global Investors at COP31, Advances US$25–50b Climate Investment Opportunity

Lagos State Governor, Babajide Sanwo-Olu and others ***Lagos Climate Investment Day on 13 November will connect more than 300 potential projects with investors, financial institutions, strategic partners The Lagos State Government will convene investors, financial institutions, development partners and private-sector leaders at Lagos Climate Investment Day & Cocktail Reception on 13 November during COP31 in…

Lagos State Governor, Babajide Sanwo-Olu and others

***Lagos Climate Investment Day on 13 November will connect more than 300 potential projects with investors, financial institutions, strategic partners

The Lagos State Government will convene investors, financial institutions, development partners and private-sector leaders at Lagos Climate Investment Day & Cocktail Reception on 13 November during COP31 in Antalya, Türkiye.

The event will advance partnerships around the State’s estimated US$25–50 billion climate investment opportunity, spanning more than 300 potential projects across multiple sectors.

Led by Governor Babajide Sanwo-Olu through the Office of Climate Change and Circular Economy (OCCE), Lagos State’s COP31 programme will focus on translating climate commitments into investable opportunities that support infrastructure, clean energy, economic growth, job creation and resilience.

The programme will showcase a broad spectrum of opportunities across energy, transportation, solarisation, agriculture, water resources, waste management, climate-resilient infrastructure and green enterprise.

It will also bring together priorities across ministries and agencies, positioning climate action as a shared government agenda within a coordinated investment framework.

Lagos Climate Investment Day will showcase the State’s investment proposition, engage prospective

capital providers, and explore pathways to move priority projects toward implementation through high-level discussions, investment presentations, and financing engagements.

Governor Sanwo-Olu said: “Lagos is committed to demonstrating that climate action can drive economic transformation. Our ambition is to turn climate priorities into investable opportunities that strengthen infrastructure, expand access to clean energy, improve transportation, attract capital, create jobs and improve lives.

“At COP31, we will engage global investors and strategic partners to help translate our pipeline into tangible projects and lasting economic value for Lagos and Nigeria.”

The Office of Climate Change and Circular Economy (OCCE), led by Mrs. Titilayo Oshodi, Special Adviser to the Governor on Climate Change and Circular Economy, is coordinating the State’s climate investment agenda and efforts to connect policy, project preparation, and capital mobilisation.

Mrs. Oshodi said: “Climate action must move beyond commitments to implementation. We are building an investment architecture that connects our priorities with the capital, expertise and partnerships required to deliver projects at scale.

“Lagos Climate Investment Day will put this proposition before investors and development partners, demonstrate the breadth of our pipeline and identify practical financing pathways. Our ambition is to use climate finance to accelerate infrastructure development, strengthen competitiveness, create jobs and build a more resilient Lagos.”

Lagos State’s investment proposition is anchored in its State-Determined Contributions (SDC) Framework and five interconnected platforms: clean energy and clean cooking; blue economy, water and climate resilience; circular economy and industrial decarbonisation; climate-smart infrastructure and urban transition; and climate innovation, food systems and green enterprise. These platforms connect opportunities across renewable energy, solarisation, electricity infrastructure, sustainable transportation flood mitigation, coastal protection, waste management, sustainable transport, resilient infrastructure, agriculture and green enterprise.

The framework connects priorities across the Ministries of the Environment and Water Resources; Transportation; Agriculture and Food Systems; Energy and Mineral Resources; Works and Infrastructure; Physical Planning and Urban Development; and Waterfront Infrastructure Development. Through OCCE’s coordinating role, these sector priorities contribute to a shared agenda for investment mobilisation, climate resilience and sustainable economic development.

Organisations participating in the Lagos delegation and programme include Sterling Bank, Keystone Bank and Stanbic IBTC Bank, alongside Sun King, RF Garden and House of Tempos. The banking partners will contribute perspectives on sustainable finance and financing structures for bankable climate-resilient infrastructure and green projects. Sun King will bring its experience in solar energy access, while the wider private-sector participation will support discussions on enterprise development and investment partnerships.

Lagos’s climate finance efforts include its Climate Finance Preparedness Clinic, which brought together more than 140 financial institutions, and the Climate Defence and Catalytic Fund, launched in July 2026 to help mobilise and de-risk investment in climate-resilient, low-carbon infrastructure. The Fund aims to mobilise up to US$3 billion annually. The State has also begun distributing clean cookstoves in Makoko as an initial step towards its ambition of eight million units.

Building on its participation at London Climate Action Week in June and climate investment engagements around the United Nations General Assembly and Climate Week NYC in September, Lagos is advancing its ambition to become Africa’s first Climate Investment Jurisdiction—positioning climate finance as a driver of sustainable infrastructure, clean energy adoption, improved transportation, economic competitiveness, job creation and resilience.

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