Climate Change: Nigeria needs $140bn by 2030 – W/Bank

Nigeria needs about $140 billion by 2030 to effectively take action on climate change, the Practical Manager, Africa Environment and Natural Resource at the World Bank, Benoit Bosquet, has said.

Benoit was delivering a paper during a Climate Change Knowledge Immersion workshop organised by the World Bank in collaboration with the Federal Ministry of Environment recently. 

“Climate change and poverty are intimately related. The poor will be affected the most, in particular, women, children and elderly citizens,” he said. 

He said “Agricultural production will decrease in many regions of the world because of temperature, desert warming and sea level due to climate change.”

The National Project Coordinator of the Nigerian Erosion and Watershed Management Project (NEWMAP), Salisu Dahiru, said the federal government has established the Intended National Contributions (INCs) of a conditional commitment by 45 per cent and as unconditional commitment to further reduce Greenhouse Gases (GHG) emissions by 20 per cent by 2030.

 Kaduna State Governor,  Nasir el-Rufai, who was represented by the Commissioner for Environment, Shehu Balarabe, said the state has launched a tree planting campaign and is taking steps to reduce carbon footprints.