Given the dependency of Nigeria’s economy
on climate-sensitive industries such as
agriculture, forestry, oil, and gas extraction,
climate change inaction could cost Nigeria
between 6%–30% by 2050, equivalent to a
loss of US$100–460 billion.
Nigeria is ranked 44th Greenhouse Gas
emitter out of 200 Countries globally and
3rd highest GHG emitter in Africa.
FOOTPRINT OF CLIMATE-CHANGE EFFECTS
27 - 53 million people representing 26.5%
of Nigeria's Population may relocate due
to 0.5 meter Sea level.
In 2012, the floods caused nearly $17
billion in damages and losses in the 12
Fish catches on the Coast of West Africa
are expected to drop by as much as 50%
by 2050 due to the rising ocean
2021 Notre Dame Global Adaptation Index ranks Nigeria as the 53rd most-vulnerable country and the 6th
least-ready country in the world to adapt to climate change.
Climate change exacerbates health-
related respiratory infection; 30% (746,200)
of all pneumonia death. Out of which, 40%
(304,200) are among children under 5
years of age.
Can Technology Solve the Problem?
Increase in number of digital solutions can reduce global
emissions by 20%.
How much more could have been done as a Nation if
investment flows had been more into climate-tech?
What will be the future action plan if not technologies to
meet the target of net-zero?
Climate technologies is the key antidote to tackle the
climate change as it has a significant impact in the
decarbonization of global economy.
6. Africa will need investments of over $3
trillion in mitigation and adaptation by
2030 in order to implement its NDCs.
The investment in Climate tech
innovation grow by US$87.5bn
in H2 2020 and H1 2021. Representing
210% increase from the US$28.4bn
invested in the twelve months prior.
Cannot be Ignored.
Carbon captured acts like the sharpest
knife, removing 90-99% of CO2 emissions
from industrial facilities. (MIT, 2021).
Mobility and Transport remains the most
heavily invested challenge area, raising
US$58bn, and tech-innovation under
transport sector has contirubted to
emissions redution of 60% of Global
Five groups of innovation in the
energy sector, carbon captured,
agriculture, and so on, could attract
$2 trillion of capital by 2025 and
abate 40% of GHG emissions by
2050. (McKinsey, 2022).
A gathering of investors, business people,
decision-makers, and environmental
activists to develop answers to the six
thematic pillars that are rapidly causing
the world's climate change. By
combining creativity, technology, and
mentoring, we are prototyping fresh new
ideas and inventive uses of technology for
8. THE TEAM
In partnership with Eko Carbon and Commodity
Exchange and support from Generation Unlimited
9ja an initiative of UNICEF, our first indigenous
Climate Change Hackathon comes to live with
over 1000 applications from Nigeria and across
Africa seeking to address, with technology the
issues around Climate Change as n environment
We believe this collaboration will help
accelerate local solutions.
What to Expect?
EIC accelerator program with
up to $50K equity investment
UNVEILING OF THE NEXT BIG
THING IN CLIMATE
OUR SELECTION JURORS
SELECT TOP 10 INNOVATIVE
TEAM OF 3-5 BRAINSTORM,
IDEATE AND DEVELOP
NOVEL IDEAS IN 3 WEEKS
HOLDINGS 6 MENTORSHIP
FROM INDUSTRY'S FINEST
FOR 2 WEEKS