Osinbajo: Nigeria will fulfill climate commitments

Vice President Yemi Osinbajo says Nigeria will stick to its climate commitments.

He gave the assurance in a meeting with the World Bank CEO, Development Policy and Partnerships, Mari Pangestu, and the National Director, Shubham Chaudhuri.

The VP, also on Friday, interacted with International Monetary Fund officials on bilateral consultations on IMF Article IV.

In both meetings, Osinbajo said Nigeria remains committed to contributing to the reduction of global greenhouse gas emissions.

On fossil fuel resources, he said the country has problems including the distribution and quality of access to energy and clean energy.

“The problems are access to energy and education, renewable energy and how to be able to move quickly enough in terms of implementing renewable energy.”

Osinbajo highlighted funding challenges in developing countries as they respond to climate change, readiness for adaptation and the implications of the Paris Agreement.

The deal includes a commitment of $ 100 billion annually by the wealthiest economies to help developing economies respond to climate challenges.

The 2021 United Nations Conference on Climate Change (COP26) ended on Friday.

The Global Climate and Health Alliance, a coalition of health professionals, has urged governments to meet their obligations regarding the 1.5 ° C limit for global warming.

Source: – Daily post

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