Business
Denmark pledges increased investment in Nigeria’s renewable energy
Mr Sune Krogstrup, the Ambassador of Denmark to Nigeria, has expressed his country’s commitment to increase investment and provide support for Nigeria’s efforts in developing its renewable energy sector.
This disclosure was made by Ambassador Krogtrup during an interview with the News Agency of Nigeria (NAN) in Abuja, affirming Denmark’s readiness to assist Nigeria in its transition towards green energy.
Highlighting Denmark’s prominent role in the global renewable energy sector, Ambassador Krogstrup stressed their willingness to aid Nigeria in its quest for a more sustainable future, particularly in reducing greenhouse gas emissions.
He noted Denmark’s expertise in green technology and its dedication to achieving climate neutrality by 2050. Nigeria has set ambitious emissions reduction targets as well, and Ambassador Krogstrup emphasized the importance of attracting investment and technology to achieve these goals.
His words:
Ambassador Krogstrup underscored the necessity for Nigeria to take bold steps and demonstrate political determination in implementing its Energy Transition Plan (ETP), launched by former Vice President Yemi Osinbajo in August 2022, to achieve carbon neutrality by 2060, eliminate energy poverty, and stimulate economic growth.
Ambassador Krogstrup emphasized the significance of a sustainable transition from fossil fuels to renewable energy to combat climate change and promote cleaner energy sources.
He reassured that Denmark would continue to collaborate and strengthen its partnership with Nigeria, particularly in areas of shared interest.
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