Nigeria Will Meet Its Climate Commitments, Says Osinbajo
Nigeria will keep its climate pledges, according to Vice President Yemi Osinbajo.
NewsReport gathered that at a meeting with Mari Pangestu, World Bank Managing Director, Development Policy and Partnerships, and Shubham Chaudhuri, Country Director, he offered the guarantee.
On Friday, the Vice President met with representatives from the International Monetary Fund to discuss bilateral IMF Article IV talks.
In terms of fossil fuel resources, he stated the country faces challenges such as energy delivery and quality, as well as clean energy.
“The issues are access to energy and education, renewable energy and how to be able to move quickly enough in terms of putting renewable energy in place.”
Osinbajo highlighted funding challenges in developing countries as they respond to climate change, preparation for adaptation and implications of the Paris Agreement.
The agreement comprises a $100 billion per year pledge by wealthier economies to help developing economies respond to climate challenges.
The 2021 United Nations Climate Change Conference (COP26) ended on Friday.
The Global Climate and Health Alliance, a coalition of health professionals, has urged governments to fulfil obligations to 1.5C limit for global heating.