NSIA embeds sustainability through 3 core pillars:
Institution
Investments
Partnerships
Institution
- Guided by global best practices, the NSIA optimises frameworks and policies that support people and the environment.
- Ranked joint first scoring 100% in the Global SWF Governance, Sustainability & Resilience (GSR) rating
- Ranked 9 out of 10 on the Linaburg – Maduell SWF transparency index from over 50 SWFs evaluated.
- Adoption of eco-friendly and energy efficient solutions.
- Employee engagement and inclusivity initiatives such as the NSIA Young Leaders Program and NSIA Female Network
- Continued Community Support such as the donation of 126 patient monitors and 63 oxygen concentrators worth $600,000 to 21 hospitals across the country to improve COVID-19 patient care during the pandemic.
Investments
- NSIA incorporates ESG metrics, covering climate, gender, and development impact, in its investment appraisal process and actively identifies investment opportunities and innovative climate propositions that generate social and environmental returns alongside commercial returns.
-
Carbon Vista – A joint venture between NSIA and Vitol that invests in carbon avoidance and reduction projects in Nigeria that meet the dual criteria of supporting UN sustainable development goals and generating verified emissions reductions.
Learn More -
Kano Solar Project – A flagship 10 Megawatt solar farm located close to the Challawa Industrial Estate, in the Kumbotso Local Government Area of Kano State.
Learn More -
The Renewables Investment Platform for Limitless Energy (RIPLE) – Is an innovative Platform dedicated to developing, investing in, and operating projects along the renewable energy vertical in Nigeria covering renewable technology manufacturing, midstream generation & diesel displacement and downstream distribution.
Learn More -
Green Guarantee Company (GGC) – NSIA alongside the Green Climate Fund, UK FCDO and USAID, set up the Green Guarantee Company, aimed at mobilising finance for low-carbon climate-resilient infrastructure in Nigeria and other EMDEs, by providing credible climate-project developers with investment grade guarantees to support bond issuances and loans of up to 20 years.
Learn More -
Construction Finance Warehouse Facility (CFWF) – NSIA has co-developed a Construction Finance Warehouse Facility with InfraCredit, to facilitate the provision of construction finance to credit-approved climate-aligned infrastructure transactions, to be refinanced with InfraCredit’s guaranteed bond.
Learn More
Partnerships
- The Authority continues to explore and forge partnerships with sustainable ESG focused institutions and associations and works closely with the Federal Government of Nigeria to support in achieving the country’s net zero ambitions.
- NSIA signed a Memorandum of Understanding with the National Council on Climate Change to support in developing the Nigeria’sclimate change framework, carbon trading systems and driving the achievement of Nigeria’s net zero commitments.
- NSIA is an active member of the One Planet Sovereign Wealth Fund Initiative which seeks to accelerate the integration of climate change analysis into the management of large, long term and diversified asset portfolios.
- NSIA leads the Climate Finance and Energy Transition working group of the Africa Sovereign Investors Forum (ASIF)
- NSIA works closely with relevant organizations such as the Energy Transition Office (ETO) and the Africa Carbon Market Initiative (ACMI)
Our Theory of Change (ToC)
Empowering Impact: Our ToC is Driven by UN SDGs for Sustainable Progress
Our Theory of Change articulates the building blocks required to actualise our pre-determined goals and details how our investments catalyse positive change.
It derives impetus from the UN Sustainable Development Goals (UNSDGs) and incorporates key performance metrics to track, measure and monitor performance as well as trends.
Through our operations and investments, the NSIA is aligned with 15 of the Sustainable Development Goals.
