• Yahaya Ismail
• Al-Amin Ibrahim Al-Amin
• Sule Magaji

This study investigates the role of climate finance and Environmental, Social, and Governance (ESG) considerations in advancing renewable energy and energy efficiency in Nigeria. Using a mixed-methods approach, the study analyses time-series data on climate finance inflows and renewable energy deployment from 2010 to 2024, complemented by semi-structured interviews with key stakeholders. Descriptive and regression analyses reveal that climate finance has a significant positive effect on renewable energy adoption, while macroeconomic instability and weak institutional mechanisms undermine progress. Qualitative findings highlight critical barriers, including limited access to credit from commercial banks, weak ESG compliance, and inadequate attention to social equity. Anchored in Sustainable Finance Theory and Stakeholder Theory, the study concludes that climate finance and ESG adoption are vital enablers of Nigeria’s energy transition; however, systemic challenges constrain their transformative potential. The paper recommends strengthening governance frameworks, de-risking renewable investments, and ensuring inclusivity in energy access. The findings contribute to the growing discourse on sustainable finance by contextualising global best practices within Nigeria’s financial and energy systems.

Climate finance; ESG dimensions; Renewable energy; Energy efficiency; Sustainable finance; Stakeholder theory; Nigeria; Energy transition; Social equity

"Climate Finance and Environmental, Social, and Governance (ESG) Dimensions: Implications for Renewable Energy and Energy Efficiency in Nigeria", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.12, Issue 9, page no.c292-c302, September-2025, Available :http://www.jetir.org/papers/JETIR2509237.pdf

"Climate Finance and Environmental, Social, and Governance (ESG) Dimensions: Implications for Renewable Energy and Energy Efficiency in Nigeria", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.12, Issue 9, page no. ppc292-c302, September-2025, Available at : http://www.jetir.org/papers/JETIR2509237.pdf