Climate Change Data

SBM Intelligence

Climate Impact & Sustainability Data (2024)

Reporting Period: 2024

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

  • Persistent insecurity in Nigeria
  • Spiralling inflation and poverty in Nigeria
  • Supply chain disruptions
  • Climate change impacts (floods, droughts, wildfires)
  • Weaker Naira
  • High farm input costs
  • Political instability in several African countries
  • Conflict in Sudan, Ukraine, Myanmar, Sahel region, and Israel-Hamas war
  • Crude oil theft and infrastructural problems in Nigeria's oil sector
Mitigation Strategies
  • Tinubu administration's efforts to improve oil production in Nigeria
  • Cost-cutting and inflation management measures in Nigeria
  • Dangote refinery's operation to reduce Nigeria's reliance on imported petroleum products
  • Port Harcourt Refinery's resumption of operations
  • Ghana's deal to restructure loans with official creditors
  • IMF's lending boost to Kenya
  • IMF's emergency financing for Mali
  • Zimbabwe's launch of a new currency
  • Various initiatives by the Nigerian government to address insecurity and attract investments

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks
  • Floods
  • Droughts
  • Wildfires
  • Extreme heat waves