Minister backs Art2green Nigeria to raise $37b
 
Guardian NG  Jul 27, 2024      
 
 

The Minister of Art, Culture and the Creative Economy of Nigeria, Hannatu Musawa has thrown her weight behind Art2green Nigeria to unlock $37 Billion for Climate Finance through arts, culture and creative commodities marketplace.

The Minister who met officials of Art2green Nigeria in Abuja ahead of the initiative launch noted that the Eco-finance Venture would redefine the pan-African culture and creative economy impact investment landscape.

The Minister stated that the initiative would leverage art and cultural diversity dividends for sustainable development in the country.

The Group Managing Partner and sustainable finance expert of the Art2Green Nigeria Marketplace initiative, Mr. Victor Wilkinson Agih explained that the decision to mobilize $37 billion is to mainstream, manage, market and monetize the cultural arts and creative commodities of over 370 Nigerian tribes to activate the biggest, greenest ecosystem conservation fund in the world.

“Nigeria’s rich cultural heritage represents an untapped economic engine that can drive sustainable development across the country.

“The Art2Green Nigeria Initiative is positioned to unlock this potential by connecting Nigerian artisans and creatives with market-driven opportunities for sustainable development and empowerment while funding critical environmental initiatives,” he said.

He further stated that the $37 billion Eco-finance mobilized through Art2Green Marketplace will support a suite of high-impact sustainability projects across Nigeria, including: Planting 3.7 billion economic trees for ecosystem conservation, protection and restoration.

Other benefits derivable from the initiative entail the creation of 3.7 million “Eco-Marshall” green jobs, establishment of 37 million health e-surance wallets, funding 370,000 green entrepreneurship grants and distribution of 37 million eco-friendly stoves.

It includes recruiting 37 million eco-citizen volunteers, providing 37 million eco-education/climate leadership scholarships, establishing 3,700 Art2Green Nigeria community hubs, facilitating $370m Culture Heritage Arts and Sustainable Tourism Fund, capitalizing a $3.7 billion Crea82Green Nigeria Fund and Seeding a $3.7 billion Greenmanitarian Fund.

He added: “Art2Green Nigeria represents a paradigm shift in how we finance sustainable development. By tapping into Nigeria’s vibrant creative economy, we can drive progress on our environmental goals while creating jobs and economic opportunities for millions of Nigerians.

“The launch of the Art2Green Nigeria Initiative is the start of a cultural renaissance that will unleash the economic power of Nigeria’s heritage.

You must be logged in to post a comment.

Why are you flagging this comment?

I disagree with this user

Targeted harassment - posted harassing comments or discussions targeting me, or encouraged others to do so

Spam - posted spam comments or discussions

Inappropriate profile - profile contains inappropriate images or text

Threatening content - posted directly threatening content

Private information - posted someone else''s personally identifiable information

Before flagging, please keep in mind that Disqus does not moderate communities. Your username will be shown to the moderator, so you should only flag this comment for one of the reasons listed above.

We will review and take appropriate action.

Get the latest news delivered straight to your inbox every day of the week. Stay informed with the Guardians leading coverage of Nigerian and world news, business, technology and sports.

Follow Us

 
Visit News Source
Related Stories
 
 







   
   
 
 
 
               
© Plucom Technology Ltd.  Nigeria. All right reserved.