The governor of Lagos State, Babajide Sanwo-Olu, has reaffirmed the state’s commitment to integrating economic prosperity with global sustainability goals, marking a transformative shift that merges climate action with economic development.
Speaking at the $80-million Paris Agreement Crediting Mechanism (PACM)-Compliant Clean Cookstoves Project Implementation Retreat, themed “Clean Cooking Access for Africa – Leaving No One Behind,” he stressed Lagos’s leadership in clean energy access and climate finance innovation.
The initiative, the world’s largest PACM-compliant Clean Cookstoves Project, is set to generate 1.2 billion tons of compliance-grade carbon offsets, unlocking multi-billion-dollar green revenue streams and creating 35 million green jobs.
As the anchor state, Lagos will distribute six million clean cookstoves free of charge, ensuring both environmental impact and economic…
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