Development Bank of Nigeria and Natural Eco Capital Collaborate for ESG Training

26 Nov, 2024 | | By: Rantiola Akinola

Lagos, Nigeria – November 14-15, 2024  The Development Bank of Nigeria, in collaboration with Natural Eco Capital, carried out a two-day training event focused on “Strengthening the Capacity of Financial Institutions, including Mortgage Banks, Finance Houses, and Microfinance Banks in Nigeria, on Environmental and Social Risk Management.”

Event Details:

  • Title: Strengthening the Capacity of Financial Institutions, including Mortgage Banks, Finance Houses, and Microfinance Banks in Nigeria, on Environmental and Social Risk Management
  • Objective: The event aims to enhance the capacity of various financial institutions to manage environmental and social risks, which is crucial for sustainable economic practices.
  • Date: November 14-15, 2024
  • Venue: Citiheights Hotel, Opebi-Ikeja, Lagos, Nigeria

This training underscores the increasing importance of environmental, social, and governance (ESG) factors in the financial sector. It aligns with global trends towards sustainable finance, where institutions are evaluated on their financial performance and environmental and social impact.

The event focused on building the capacity of financial institutions, demonstrating a proactive approach by the Development Bank of Nigeria and Natural Eco Capital to equip these institutions with the necessary skills and knowledge to manage ESG risks effectively.

By organizing such an event, the Development Bank of Nigeria demonstrates its commitment to stakeholder engagement and its role in promoting sustainable practices within the financial sector. This can enhance the bank’s reputation and influence, driving the sustainability agenda.

The collaboration between the Development Bank of Nigeria and Natural Eco Capital highlights the importance of leveraging expertise in sustainability to deliver effective training. Natural Eco Capital’s role involves providing specialized knowledge and best practices in ESG.

The choice of date and venue reflects strategic planning to ensure accessibility and convenience for participants. Lagos, a major financial hub in Nigeria, is an appropriate location for such an event.

This training event represents a significant step towards integrating ESG considerations into the Nigerian financial sector, aligning with global standards, and promoting sustainable development.

For more information, please contact training@ecopital.com

The Development Bank of Nigeria (DBN) was established to alleviate financing constraints faced by Nigeria’s micro, small, and medium-scale enterprises (MSMEs) through sustainable financing.

Natural Eco Capital is a leading consulting firm specializing in sustainability. It offers services such as sustainability strategy development, ESG integration, impact measurement, and capacity building.

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