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SANWO-OLU TO HOST GLOBAL SUMMIT ON BLUE ECONOMY AND COASTAL RESILIENCE PRIOR TO COP30

PRESS RELEASE

Governor Babajide Sanwo-Olu of Lagos State reaffirmed the State's unwavering commitment to promoting sustainable growth through innovation and investment in resilience as it prepares to host the 2025 International Climate Change Summit.

Scheduled to take place on November 6th and 7th at the Lagos Continental Hotel, the 2025 Summit, themed “Blue Economy, Green Money: Financing Africa’s Coastal Resilience and Ocean Innovation,” is expected to attract global leaders, investors, climate scientists, and policymakers.

In a statement made by the Commissioner for the Environment and Water Resources, Tokunbo Wahab, the Governor highlighted that Lagos continues to exemplify leadership in subnational climate action while developing effective mechanisms for city-level climate finance.

The Governor further emphasized that the State has been actively engaged in the development of blue bonds and nature-based coastal protection projects, which are instrumental in shaping sustainable urban development across Africa in the coming decade.

"As the fastest-growing coastal city in Africa, Lagos is situated at the forefront of both climate risk and innovation. The goal is to unlock sustainable financing that protects its residents, enhances resilience, and stimulates economic growth through the potential of the blue economy."

In his remarks regarding the conference, Commissioner Tokunbo Wahab stated, “The Lagos International Climate Change Summit 2025 represents more than a mere conference, it is a proclamation that African cities possess the capability to finance their own futures.”

“We extend an invitation to global leaders, investors, and innovators to join Lagos in redefining the concept of coastal resilience for the Global South.”

The Summit will serve to accelerate action and investment in Africa’s coastal and ocean economies in anticipation of the 2025 United Nations Climate Change Conference (COP30).

As the 11th event in its series, the 2025 Summit will function as a strategic platform for both African and global stakeholders to align their priorities, deepen partnerships, and amplify Africa's voice in global climate negotiations.

Additionally, it will emphasize the financing of the blue economy as a critical avenue for climate adaptation, innovation, and job creation in Africa. Key discussions will focus on unlocking investments for ocean energy, sustainable fisheries, mangrove restoration, and the development of coastal infrastructure through green and blended finance instruments.

The Summit will also showcase ongoing and forthcoming projects that support coastal resilience, environmental innovation, and sustainable livelihoods in Lagos.

Expected attendees include representatives from the African Development Bank (AfDB), the World Bank, and Eko Atlantic.

Signed,

Kunle Adeshina  
Director (Public Affairs)  
Ministry of Environment and Water Resources  

October 19, 2025

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