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February 15th, 2011
Lagos Eyes Financial Boom from Climate Doom

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The Lagos State Government may be strategising towards reaping financial gains from the potentially catastrophic climate change threat. But officials hint that the bulk of the funds will go into financing climate adaptation and mitigation activities. Apart from leveraging funds from public as well as private sources, a gathering of stakeholders suggested at the end of a three-day forum last week in the nation’s foremost business hub, that projects under the Clean Development Mechanism (CDM) were veritable avenues to generate direly-needed funds. Read More