Unity Bank, Climate Experts Advocate Green Investment, Innovation to Boost Economic Resilience in Africa

Unity Bank and Climate Experts have advocated Green Investment and Innovation to boost economic resilience in Africa.

 

NewsOnline Nigeria reports that Unity Bank Plc, alongside leading climate innovation experts, has called for increased investment in the green economy and the adoption of emerging technologies as key drivers of economic resilience and climate adaptation 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?” The session brought together stakeholders to examine the human, economic, and institutional impact of climate change while highlighting practical solutions.

 

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In his opening remarks, Ibukun Coker, Head of Strategy and Innovation at Unity Bank, stressed the urgency of addressing climate risks.

 

“Climate change is no longer a distant or abstract challenge. It is an existential threat with direct consequences for individuals, businesses, and economies,” he said, noting the need for sustainable financing and community-focused resilience strategies.

 

The webinar featured insights from Chinwe Udo-Davis, Founder of Instollar, and Oluwatosin Ajide of the Nigeria Climate Innovation Centre.

 

Udo-Davis highlighted the unequal impact of climate change on vulnerable communities, stressing the need for inclusive and scalable clean energy solutions. Ajide, on his part, emphasised the importance of coordinated approaches involving policy, innovation, and financing to address structural climate challenges.

 

The discussion also explored opportunities in renewable energy, climate technology, and ecosystem financing, reinforcing the importance of collaboration in building long-term sustainability.

 

Through the initiative, Unity Bank reaffirmed its commitment to advancing sustainability, promoting responsible growth, and supporting climate-focused innovation as part of its broader financial inclusion strategy.