The Nigerian federal government aims to tap into the $4 billion Mangrove Breakthrough Initiative finance introduced during the COP27 Climate Change Conference, prioritizing mangrove conservation, afforestation, and environmental protection. Mrs. Chinwe Oluwatoyin Adindu, Executive Secretary of the National Council on Climate Change Secretariat (NCCCS), revealed this during a media briefing in Abuja. She disclosed that […]
The conclusion of COP29 in Baku has brought about a groundbreaking yet controversial agreement on climate finance, highlighting persistent divides between developed and developing nations. Dubbed the “Baku Finance Goal,” the agreement commits to mobilizing $1.3 trillion in climate finance by 2035, with an annual $300 billion pledge for developing countries. While the deal triples […]
