Governor Babajide Sanwo-Olu of Lagos State emphasised the urgent need for continuous and enhanced financing to combat climate change challenges during the closing ceremony of the 10th Lagos International Climate Change Summit on Thursday. Represented by his Deputy, Dr. Obafemi Hamzat, the governor stressed the importance of collaborative efforts among governments, financial institutions, and international Read More…
Climate Finance
ONE Campaign exposes $343 billion climate finance gap; Nigeria left with $4.5 billion shortfall
A recent analysis by the ONE Campaign exposed significant discrepancies in climate finance commitments from developed nations, with almost two-thirds of the pledged $343 billion between 2013 and 2021 either unreported as disbursed or loosely linked to climate initiatives. Nigeria, facing a $4.5 billion shortfall, underscores the substantial deficit in pledged climate funds. According to Read More…