By Gift Eguavoen
Nigeria’s President Muhammadu Buhari has pledged that the country would cut its emissions to net zero by 2060 and asked international partners to finance projects in Nigeria, using transition fuels such as gas.
Stating this in Glasgow, Scotland, while delivering his statement at COP26 Summit, the President said attaining national and global climate change goals would require adequate and sustained technical and financial support to developing countries.
He noted that greater effort should be dedicated towards assisting developing nations to meet their Nationally Determined Contributions (NDCs) commitments through the pledges made by the developed countries to provide at least $100 billion yearly.
He noted that easier access to climate finance had become imperative, in view of the COVID-19 pandemic, which really battered the economies of developing countries.
“For Nigeria, climate change is not about the perils of tomorrow but what is happening today. I do not think anyone in Nigeria needs persuading of the need for urgent action on the environment. Desertification in the North, floods in the centre, pollution and erosion on the coast are enough evidence,” the President said in a statement by his Senior Special Assistant on Media and Publicity, Mr. Garba Shehu.
He explained that Nigeria has energy challenges for which gas can be used to balance a renewable energy-based system and enable the country launch the long-term renewable energy infrastructure procurement and investments needed to have a sustainable energy supply.
On energy access, Buhari declared that Nigeria’s commitment to a just transition is reflected in the country’s ambitious Energy Compact, which includes the Government’s flagship project to electrify 5 million households and 25 million people using decentralized solar energy solutions, describing the project as a major first step towards closing energy access deficit in the country by 2030.
Extractive360 reports that the National Assembly has also passed the Climate Change Bill, which provides a framework for achieving low greenhouse gas emissions, inclusive green growth and sustainable economic development.