Financing Green Electricity in Nigeria for Economic Growth

Abstract

Green finance connotes the financial activities designed to aid the recovery of the environment from degradation. In Nigeria, the danger posed by solid waste to the environment is enormous. In particular, refuse collection and disposal mechanisms have not been adequately executed. The urban landscapes in the country are littered with plastics, polythene, and various non-degradable materials. In this chapter, the authors present an efficient way to clean up the Nigerian environment of solid wastes through a waste-to-energy strategy by exploring the green finance options or sources and structure to deliver renewable and clean electricity for Nigeria. The authors concluded by highlighting that green finance is useful for efficient waste management and the generation of green electricity to the Nigerian national grid.