An ESG Impact Fund in Nigeria is an investment fund that puts money into businesses or projects that aim to make financial returns while creating positive environmental and social impact.
ESG means:
🌱 E — Environmental: clean energy, waste management, climate-friendly projects.
👥 S — Social: healthcare, education, affordable housing, job creation.
🏛️ G — Governance: ethical management, transparency, accountability.
For example, an ESG fund might invest in a Nigerian solar-energy company that provides affordable electricity to communities while also generating profits for investors.
In simple terms:
An ESG Impact Fund is designed to make money and make a measurable positive difference in society.