FMDQ, FSD Africa, CBI Parley On Green Financing Opportunities For Agribusiness

In its bid to help reposition the Nigerian Agric sector in line with the present administrations economic diversification drive,the FMDQ alongside its partners plan to build capacity in the area of agribusiness financing.

As part of efforts to achieve this goal, the FMDQ, FSD Africa and CBI have planned a session on Green Financing Opportunities for Agribusiness

As the COVID-19 pandemic rages with its attendant challenges to businesses and economies world over, the partners say it is imperative that creative and proactive solutions are proffered to ensure the continued sustenance of key sectors of economies, and the Nigerian agribusiness sector is not left behind.

It is on this understanding that the Implementation Partners of the Nigerian Green Bond Market Development Programme which include the FMDQ Holdings Plc, Financial Sector Deepening (FSD) Africa and Climate Bonds Initiative (CBI), plan to facilitate a stakeholder engagement session as part of the green financing capacity building efforts for market participants in the Nigerian financial market.

The webinar session, themed, “Green Financing Opportunities for Agribusiness” and scheduled to hold from 11:00 AM on Thursday, June 11, 2020, is targeted at current and potential issuers, as well as other stakeholders within the sustainable finance sphere in the Nigerian agribusiness sector, and will focus on expert discussions to demystify the concept green bonds and green financing.

The session will also highlight opportunities in the agribusiness sector for these activities and provide updates on available funding to support such initiatives under the Nigerian Green Bond Market Development Programme.

FMDQ noted that this webinar could not have come at a better time, given the renewed importance of sustained supply of food and agricultural produce to communities and families across the world.

FMDQ, FSD Africa and CBI formalised a Cooperation Agreement in March 2018 to develop the sub-national and non-sovereign green bond market in Nigeria.