Effect of Sustainable Climate Finance on Economic Development in Nigeria
Year: 2025
Type: article
Abstract: The study examined the effect of Sustainable Climate Finance on Economic Development in Nigeria. The specific objectives are to; examine the effect of Private sector mobilization on Economic Development in Nigeria. Evaluate the international mobilization on Economic Development in Nigeria. A quantitative research design was adopted for the study. A structured questionnaire, design with a 5-point Likert scale was use to collect data for the study. The data collected was analyzed using descriptive statistics, Pearson correlation, and multiple regression analysis. The result review that Private sector mobilization has a significant effect on Economic Development with a coefficient value of .462 with p-value (0.000). International mobilization has a significant effect on Economic Development a coefficient value of .347 with p-value (0.000) in Nigeria. The study concluded that Sustainable Climate Finance has significant effect on Economic Development in Nigeria. The study recommended that the government should develop policies that provide tax incentives, subsidies, and grants to encourage private sector investment in renewable energy and sustainable projects
Authors: Nwachukwu, Basilia Chiamaka (PhD), Ugwu, T. C. (Ph.D)
Institution: Godfrey Okoye University
Language: English
Subfield: Finance
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W7084386030
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