President Buhari expresses Nigeria’s commitment to curbing global warming. And signed the Paris Agreement on Climate Change.
The President said this at the opening of the UN event, Taking Climate Action for Sustainable Development, co-hosted by Nigeria and the United Nations Environment Programme in New York.
The agreement commits the nations to reduce “Green House Gas Emissions unconditionally by 20 per cent and conditionally by 45 per cent”. This is according to a press release by Femi Adesina, Special Adviser to the President on Media and Publicity.
The President pointed out that Nigeria’s commitment to the Paris agreement through the nation’s Nationally Determined Contributions (NDCs) “that strive to build a climate resilient society across the diverse terrain of Nigeria. We have instituted an Inter-Ministerial Committee on Climate Change to govern implementation of my country’s NDCs, thereby ensuring a strong cross-sectoral approach, coherence and synergy for Climate Action.”
In addition to that, he said Nigeria is “set to launch our first ever Green Bonds in the first quarter of 2017 to fund a pipeline of projects all targeted at reducing emissions towards a greener economy”.