Business Economy Environment Top Story

Africa most exposed to climate risks – AfDB

The African Development Bank (AfDB) Group warns again that Africa is extremely vulnerable to climate hazards. The bank claimed in a statement published on its website on Tuesday that Africa contributed the least to global pollution. It was acknowledged in the declaration that African countries generally were experiencing difficulties in obtaining sufficient funding. “Thus, resources Read More…

Fati Abubakar/AFP
Humanitarian Aid Top Story World

Nigeria makes plea for over $1bn aid as UN seeks record $51bn for beggar nations

Nigeria is among beggar nations that the United Nations and its partners are requesting a record $51.5 billion in aid funding for in 2023. Tens of millions more people are likely to require assistance, pushing the humanitarian response system “to its limits.” The appeal is a 25% increase over 2022 and more than five times Read More…

REUTERS/Sayed Sheasha
Africa Egypt Environment World

COP27 to test world’s determination to fight war, inflation

The global climate meeting in Egypt next week will show how serious countries are about stopping global warming, even though many of the major players are focused on more pressing issues like the conflict in Europe or rising prices for consumers. From November 6–18, more than 30,000 delegates, including government officials from 200 countries, will Read More…

Voice of Nigeria
Environment Nigeria Top Story

FG unveils COP27 logo, states aims and aspirations

The Federal Government unveiled the COP27 National Logo and outlined its key goals for the United Nations Framework Convention on Climate Change on Friday (UNFCCC). In Abuja, the Minister of Environment, Mr. Mohammed Abdullahi, unveiled the Logo while addressing reporters about the Conference of Parties’ 27th session preparations (COP27). According to Abdullahi, the conference will Read More…

Environment Featured Notes World

Policy Watch: Why developing countries are calling for science based targets for adaptation

Political will was the missing ingredient at the Bonn climate meeting earlier in June, which was supposed to lay the groundwork to make progress at COP27, the next global climate summit in Sharm el-Sheikh in November. But it wrapped up with little tangible progress, not only on reducing emissions but in helping vulnerable nations cope Read More…

Environment Top Story World

G7 leaders stress need for energy security while reaffirming climate change goals

The Group of Seven wealthy democracies (G7) on Monday agreed to work together to accelerate the fight against climate change while ensuring their energy security, a statement at a summit in Germany said. The G7 also discussed ways of phasing down coal and scaling up clean and renewable energies in a way that is “socially Read More…

Environment Nigeria Top Story

No smiles for Nigeria, developing countries, at COP26

The final agreement from the COP26 which just ended in Glasgow, Scotland, offers little promise for Nigeria and its fellow developing nations. Even then the two-week conference in Scotland delivered a major win in resolving the rules around carbon markets, just as it did little to assuage vulnerable countries’ concerns about long-promised climate financing from Read More…

Business Oil & Gas Top Story

COP 26: Akinwumi Adesina advocates gas for stable power supply

Says even if Africa triples gas consumption, only 0.67% of global gas will be emitted African Development Bank President Akinwumi Adesina said on Thursday that gas remained critical for African economies despite the global push to end investments in fossil fuels as the world transitions to cleaner fuels. Speaking from the side-lines at the COP26 Read More…