President Bola Ahmed Tinubu has urged Small Island Developing States (SIDS), which are at the frontline of global environmental crisis due to climate change and other factors like pollution to utitilse opportunities available to move towards a green economy.
Tinubu said the economic vulnerabilities of SIDS are exacerbated by their heavy reliance on tourism and external markets and diversifying their economies through the promotion of sustainable industries, such as renewable energy, fisheries, and agriculture, can create more resilient economic structures.
The president stated this at the 4th Nations International Conference on Small Island Developing States in Antigua and Barbuda, with the theme “Charting the Course Toward Resilient Prosperity.”
Represented by the Minister of Environment, Balarabe Abbas Lawal , the president said: “Despite contributing less than one 1 per cent of global greenhouse gas emissions, these nations suffer disproportionately from the impacts of climate change resulting to rising sea levels, increased frequency of extreme weather events, and the degradation of marine ecosystems.”
He said these factors pose existential threats to the livelihoods and cultures of millions of people in these regions.
“Innovative adaptation strategies as well as robust international support and partnerships are essential to enhance and build resilience in these vulnerable islands,” he said.
He further said: “We must collaborate with SIDS and prioritise investments in climate resilience infrastructure, which includes building sea defences, developing early warning systems, and implementing sustainable land and water management practices.”
While noting that Nigeria stands in solidarity with SIDS and is committed to contributing to global efforts aimed at mitigating climate impacts and promoting sustainable development, he said, “If harnessed properly, SIDS have the potentials to take a lead in defining models of sustainability and human well-being whilst moving towards a green economy.”
The president noted that the Nigerian government addressed environmental issues such as pollution and flooding in major island in Lagos State by establishing and empowering government ministries and agencies that are related to environment to implement robust waste management programmes.
He however, said the challenges faced by small island developing states are a reflection of broader global issues that require collective action, adding that collaboration with international financial institutions and the private sector is essential to mobilize the necessary resources.