An initiative of Quantum Partners LimitedDevelopment and pre-application stage

Data and Market Intelligence

Current indicators supporting the commercial case for greater climate-aligned investment in Nigeria

IndicatorCurrent figureInterpretation
NDC 3.0 financing requirement, 2026 to 2035Approximately US$337 billionIncludes approximately US$195 billion for mitigation and US$141.5 billion for adaptation.
Emissions-reduction target by 203532 per centEconomy-wide target relative to Nigeria’s 2018 base year.
Additional net-zero investment to 2060Approximately US$500 billionModelled capital investment above business-as-usual levels.
People without electricity access86 millionReported in the 2024 Energy Transition and Investment Plan Update.
People without clean cooking161 millionReported in the 2024 plan update.

Primary sources

Policy estimates are not committed finance or guaranteed outcomes. Figures should be read with their source assumptions and reporting periods.