DBN moves to unlock climate finance for MSMEs

The Development Bank of Nigeria (DBN) Plc has taken steps to expand access to climate finance for Micro, Small and Medium Enterprises (MSMEs) through a proposed programme aimed at supporting low-carbon development and climate resilience.
As part of its engagement with the Green Climate Fund (GCF), the bank recently organised a stakeholder consultation on its proposed initiative, titled “Unlocking Climate Finance at Scale: MSME Low-Carbon Transition and Agricultural Resilience in Nigeria.”
The programme features a Climate Finance Facility alongside a technical assistance component for participating financial institutions and MSMEs. It is designed to drive investments in climate-resili...