Denmark Assures New Investments In Nigeria’s Renewable Energy

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The Ambassador of Denmark to Nigeria, Mr Sune Krogstrup, has expressed his country’s readiness to increase investment and provide support for Nigeria’s efforts in developing its renewable energy sector.

The Ambassador, who made the promise during an interview with the News Agency of Nigeria (NAN) in Abuja, spoke on Denmark’s roles in the global renewable energy sector, pointing out the government’s willingness to assist Nigeria in its quest for a more sustainable future, particularly in reducing greenhouse gas emissions is to strengthen the two nations’ bilateral relations

Krogstrup explained his country’s expertise in green technology and its dedication to achieving climate neutrality by 2050, noting that Nigeria has set ambitious emissions reduction targets which require the need for the country to attract new investments and technology to achieve the laudable goals.

The Ambassador said:  “Denmark has a lot to offer Nigeria in terms of green technology and know-how aimed at reducing greenhouse gas emissions.

“We in Denmark, are among the global front runners when it comes to developing and implementing new technology, green technology that supports a green transition.

“We are very ambitious in terms of the green transition; the Danish ambition is to make sure to reach climate neutrality by 2050. Nigeria has also committed itself to some very ambitious targets for reducing its emissions. And much needs to be done in terms of bringing in investments and technology”, he added.

While  harping on the increasing need for the Nigerian government to take bold steps and demonstrate political will in implementing its Energy Transition Plan (ETP), which was launched in August 2022 to achieve carbon neutrality by 2060, eliminate energy poverty, and stimulate economic growth.

Krogstrup expatiated: “I think that the energy sector is key in this regard. Bold and ambitious steps need to be taken from the Nigerian side if you are to reach the very ambitious targets.

“And of course, Denmark, along with a number of other international partners are ready to support Nigeria on that journey in the form of investments, cooperation and collaboration, government to government,” he added.

 

 

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