SEC focuses on sustainable finance, climate change mitigation at RCMMP meeting

By Benjamin Umuteme

Abuja

In a bid to ensure that the initiatives of the Revised Capital Market Master Plan 2015 – 2025 (RCMMP), the Securities and Exchange Commission (SEC) would hold a hybrid workshop on ESG to sensitise market stakeholders on the concept of sustainability.

The workshop, titled ESG and Sustainable Finance – The Future of Investment, is scheduled to be held on July 27 at the Radisson Blu Hotel, Ikeja, Lagos.

Speakers at the workshop would be the Director General of the SEC, Mr. Lamido Yuguda; MD/CEO, Financial Derivatives Company, Mr. Bismarck Rewane, and the vice-chairman, Financial Centre for Sustainability Lagos, Prof. Doyin Salami.

Others are the MD, Central Securities Clearing System, Mr. Jalo-Waziri; CEO, NGX, Mr. Temi Popoola; MD, FMDQ, Mr. Bola Onadele Koko; Tariye Gbedegesin, Nadine Rose, and Adrian Mill.

Moderators at the event are the CEO, Chapel Hill Denham, Mr. Bolaji Balogun; Partner, PWC, Rukaiya El-Rufai, and Dr. Afolabi Olowookere.

According to the capital market regulator, the workshop aims to drive sustainable finance instruments issuances, create awareness on climate change mitigation and adaptation, and connect projects that address climate risks with potential investors, advocate for policy incentives and provide access to funding for climate smart initiatives.

“The workshop is premised on one of the strategic themes highlighted in the Revised Capital Market Master Plan which is to create awareness, deploy educational and advocacy campaigns for ESG compliant products.

“The Nigerian capital market, as an integral part of the financial system, is assiduously working to address society’s needs and concerns by undertaking a transformation, driven by initiatives of the Capital Market Master Plan to educate investors on different approaches to sustainable investment, and equally enhance confidence and participation in the market,” the Commission stated.