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Decarbonising infrastructure in Nigeria through local-currency financing

Jan 26, 2021

ECA has been engaged by the Private Infrastructure Development Group (PIDG) to support the development of InfraCredit’s Green Energy Investment Strategy. InfraCredit, a PIDG investee, provides local currency guarantees to enhance the credit quality of debt instruments issued to finance creditworthy infrastructure assets in Nigeria. As part of our work, we are currently reviewing the policy context in Nigeria for climate change, as well as climate-change mitigation and adaptation incentives in the specific sectors of interest: power generation (including gas infrastructure), transport and housing. Based on this review, we will support InfraCredit in the definition of a roadmap to transition to an investment portfolio that is aligned to the Paris Agreement.


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