Latest posts
Home / Nigeria News / Nigeria wants easy access to $30bn Climate change fund

Nigeria wants easy access to $30bn Climate change fund

The  Federal Government has lamented that developing nations including Nigeria have not been able to access the $30 billion  financial pledges made by the industrialised nations towards tackling the problem of Climate Change .

Minister of Environment, Mr. John Odey, gave this suggestion at the weekend when he met with United States officials led by the Deputy Special Envoy for Climate Change, Dr. Jonathan Pershing, at  the 13th Session of the African Ministerial Conference on Environment holding in Bamako, Mali.

The minister in a statement by his Special Assistant (Media), Mr. Rotimi Ajayi, said the facilitating  access to the climate funds by the vulnerable nations would further enhance the integrity of international collaborations and negotiations on Climate Change.


He noted that the difficulty in accessing the various funds meant for adaptation to climate change crisis had become source of worry for the African nations.

Odey urged the United States to focus on the development and promotion of forestry through the Reduced Emission from Deforestation and Forest Degradation (REDD+), which he said, would serve as beautiful opportunity for Nigeria and other African Countries to grow forest in a sustainable manner.

The US diplomat said his country was the second largest contributor to forest development globally with over $3billion.
He added that US President, Barak Obama, had approved the scale-up of finances in respect of climate change by over 200 per cent of 2009 level.

The Copenhagen Accord reached last December at the end of the session of the members of parties to the United Nations Framework Convention on Climate Change had established $30 billion as Green Climate Fund over the next three years.

Speaking at the opening of the conference in Bamako, Odey called on African nations to rev up awareness among the people on environmental problems as a way of drawing global attention to the peculiar circumstance of the continent in respect of issues of climate change, bio-diversity loss and hazardous waste management.
He noted that the natural resource base had continued to dwindle leading to huge environmental problems and ecosystem imbalance.

“This is further manifested in the vicious cycle of poverty, worsening the gains being made to address the Millennium Development Goals, with the adverse effects of climate change having the potential to exacerbate the situation. We therefore need to remain steadfast in our approach to addressing our common problems because it is only then that we can  achieve the development objectives of African continent”,  he further said.