Nigeria’s retail lender, Unity Bank Plc, has called for increased investment in the green economy and adoption of frontier technologies as critical levers for strengthening economic resilience and mitigating the impact of climate change across Africa.
The call was made during a webinar hosted by the bank to mark Earth Day, themed “The True Cost of Climate Change and Who Pays?”
During the virtual engagement held on Wednesday, April 22, 2026, climate experts and stakeholders examined the economic and social consequences of climate change while proposing actionable solutions.
In his opening remarks, the bank’s Head of Strategy and Innovation, Ibukun Coker, stressed the urgency of integrating sustainability into financial and business decision-making.
Coker said that financial institutions must play a leading role in supporting climate-resilient investments.
Providing insights into the structural drivers of climate risks and potential solutions, Ajide emphasised the need for coordinated action across sectors, noting that climate change requires systemic solutions.
The discussion spotlighted emerging opportunities in renewable energy, climate technology, and ecosystem financing, with participants highlighting innovation as a key driver of long-term sustainability.
The bank also reiterated the importance of cross-sector collaboration in delivering scalable solutions that address both environmental and economic challenges.
The push for green investment comes amid growing global focus on climate finance and sustainability, with financial institutions increasingly expected to align capital allocation with environmental goals.
Analysts say sustained investment in green infrastructure and technology could play a pivotal role in building resilient economies, particularly as climate risks continue to intensify across developing markets.
