By Olushola Okunlade
World Environment Day – Only One Earth; June 5th, 2022
Mr. Temi Popoola, CFA Chief Executive Officer, Nigerian Exchange (NGX) Limited has reassured stakeholders of NGX’s commitment to lead the charge in unlocking capital for sustainable earth on World Environment Day, June 5, 2022.
Popoola said: “We live in a world where the top global risks, in terms of likelihood, are associated with a looming environmental and climate crisis. The impacts of climate change such as warming temperatures, change in precipitation, and an increase in the frequency or intensity of some extreme weather events are expected to have a significant impact on global food value chains.
“Securities exchanges are uniquely positioned at the heart of the financial industry, facilitating the effective and efficient allocation of resources for the purpose of economic growth and development. As the sustainable Exchange championing Africa’s growth, NGX has a unique opportunity to advance sustainable development and combat climate change by fostering the growth of long-term sustainable finance in new ways that reflect the times that are characteristic of the world we live in today. Accordingly, NGX collaborated with Debt Management Office (DMO) and the Federal Ministry of Environment, in developing Africa’s first fully certified green bond, the debut Federal Government Sovereign ₦10.69 billion Green Bond, and the Exchange is positioned to deliver more impact through sustainable finance”.
In his statement, NGX’s CEO said: “As we celebrate World Environment Day today, with the theme “Only One Earth”, I would like to reassure you of NGX’s long-standing commitment to fostering the growth of long-term sustainable finance in Nigeria. I look forward to your unwavering support as we work to build a new normal that would help accelerate the achievement of sustainable development and climate change priorities across Africa and a world where we can live sustainably in harmony with nature.”
Click on the link to read NGX CEO, Temi Popoola, CFA’s letter reassuring our stakeholders of NGX’s commitment to lead the charge in unlocking capital for a sustainable Earth.
Happy World Environment Day!