Sanwo-Olu Launches Lagos chapter of Network of Financial Centres for Sustainability

Lagos State Governor, Mr. Babajide Sanwo-Olu, has unveiled the Lagos chapter of Network of Financial Centres for Sustainability (FC4S Network).

The FC4S Network is a private-driven initiative working with the United Nations Environment Programme (UNEP) to provide sustainable finance for public sector development programmes.

The governor said his administration remains committed to addressing challenges around waste management and climate change through his administration’s six pillars of development, known as Project T.H.E.M.E.S.

He said: “Lagos has continued to demonstrate its capacity as a city-state that can respond to the needs of its people through excellent initiatives, such as this that is being launched today. As one of Africa’s leading economies, it means Lagos must not be short of solutions to our challenges. It is in view of this, that our administration rolled out six pillars of development whose implementation rests squarely on private sector participation.

For Lagos to survive and thrive, we must take environmental issues seriously. We are a city that combines exploding population with very limited landmass, which puts our resources – land, water, and so on – in a very precarious shape. To keep productivity high, we must drive our ambitious environmental and health programmes through partnerships that will work for our people.”

The governor said that the establishment of FC4S in Lagos would complement his administration’s actions to provide capital and capacity to ease the challenges of waste management in the state.