Unity Bank Plc, in collaboration with leading climate innovation experts, has urged stronger investment in the green economy and the adoption of advanced technologies as essential steps toward strengthening economic resilience and cushioning the effects of climate change on vulnerable populations across Africa.
This position was highlighted during a webinar organised by the bank to mark this year’s Earth Day, themed “The True Cost of Climate Change and Who Pays?” The session brought together climate stakeholders to assess the human, economic, and institutional toll of climate change, while also exploring practical solutions to mitigate its growing impact.
In his opening address, the bank’s Head of Strategy and Innovation, Ibukun Coker, stressed the urgency of confronting climate risks from both societal and corporate standpoints. He noted that climate change has evolved from a distant concern into a pressing global threat with direct consequences for individuals, businesses, and economies.
He added that Unity Bank remains committed to integrating sustainability into its financing decisions and supporting initiatives that enhance community resilience.
The webinar featured contributions from Chinwe Udo-Davis, Founder and CEO of Instollar, and Oluwatosin Ajide, Programme Manager at the Nigeria Climate Innovation Centre. Both experts offered insights into the causes of climate change and strategies for mitigation and adaptation.
Udo-Davis pointed out that the burden of climate change falls disproportionately on underserved communities, who often face challenges such as energy poverty, environmental degradation, and limited access to sustainable alternatives. She called for deliberate investment in clean energy solutions that are both accessible and scalable to address these inequalities.
Ajide, on his part, emphasised the need for a coordinated and systemic response, noting that tackling climate change requires alignment across innovation, policy, financing, and implementation. He urged stakeholders to collaborate in developing solutions that are both inclusive and sustainable.
Discussions during the session also highlighted emerging opportunities in climate technology, renewable energy, and ecosystem financing, reinforcing the importance of innovation and cross-sector partnerships in building long-term resilience.
Through this initiative, Unity Bank reaffirmed its commitment to promoting sustainability-driven conversations and supporting efforts that encourage responsible growth and environmental stewardship, in line with its broader focus on environmental sustainability and financial inclusion.
