Authors :
Olugbenga Francis Akomolehin; Oluwaremi Joel Bali
Volume/Issue :
Volume 10 - 2025, Issue 12 - December
Google Scholar :
https://tinyurl.com/yrp3putw
Scribd :
https://tinyurl.com/ymz9j9x3
DOI :
https://doi.org/10.38124/ijisrt/25dec829
Note : A published paper may take 4-5 working days from the publication date to appear in PlumX Metrics, Semantic Scholar, and ResearchGate.
Abstract :
With Nigeria facing increasing energy poverty and the need to shift towards low-carbon development,
international climate finance also stands as an important catalyst for clean energy transformation. The paper investigates
the contribution of international climate finance to Nigeria’s transition toward clean energy, especially in terms of the
effectiveness of governance, policy coherence, and equity. Based on a qualitative research design, the study combines an indepth literature review with case study review of three climate finance funded initiatives: the GCF-supported project of the
solar mini-grid, the SEforALL and the REACT Nigeria. Results suggest that while such interventions alleviate access
barriers to renewable energy and stimulate community development, long-term potential is constrained by incoherent
institutional mandates, weak monitoring systems and partial inclusion of marginalised populations. The paper also finds
absence of vertical and horizontal policy coherence, and stresses the urgency of justice-oriented frameworks in shaping
climate finance instruments. Utilizing best practice across the globe and lessons from Nigeria, the paper provides strategic
policy suggestions for strengthening governance frameworks, mainstreaming energy justice, and fostering strong
institutional coordination. In conclusion, the study contributes to a multi-dimensional comprehension of how international
climate finance can be more effectively harnessed for a sustainable and inclusive energy transition in Nigeria.
Keywords :
Climate Finance, Clean Energy Transition, Nigeria, Governance, Policy Coherence, Energy Justice.
References :
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With Nigeria facing increasing energy poverty and the need to shift towards low-carbon development,
international climate finance also stands as an important catalyst for clean energy transformation. The paper investigates
the contribution of international climate finance to Nigeria’s transition toward clean energy, especially in terms of the
effectiveness of governance, policy coherence, and equity. Based on a qualitative research design, the study combines an indepth literature review with case study review of three climate finance funded initiatives: the GCF-supported project of the
solar mini-grid, the SEforALL and the REACT Nigeria. Results suggest that while such interventions alleviate access
barriers to renewable energy and stimulate community development, long-term potential is constrained by incoherent
institutional mandates, weak monitoring systems and partial inclusion of marginalised populations. The paper also finds
absence of vertical and horizontal policy coherence, and stresses the urgency of justice-oriented frameworks in shaping
climate finance instruments. Utilizing best practice across the globe and lessons from Nigeria, the paper provides strategic
policy suggestions for strengthening governance frameworks, mainstreaming energy justice, and fostering strong
institutional coordination. In conclusion, the study contributes to a multi-dimensional comprehension of how international
climate finance can be more effectively harnessed for a sustainable and inclusive energy transition in Nigeria.
Keywords :
Climate Finance, Clean Energy Transition, Nigeria, Governance, Policy Coherence, Energy Justice.