President Muhammadu Buhari says that his signing of the Paris Agreement on Climate Change has demonstrated Nigeria’s commitment to a global effort to reverse the effects of the negative trend.
The President said this on Thursday
while addressing the opening of the meeting on “Taking Climate Action
for Sustainable Development’’ in New York.
A statement issued in Abuja by Femi Adesina, the Special Adviser on Media and Publicity to the president, said the meeting was co-hosted by Nigeria and the United Nations Environment Programme (UNEP).
Adesina stated that the meeting was one of the Side Events of the 71st Session of the United Nations General Assembly (#UNGA 71).
He said that President Buhari had
shortly before this event, signed the Paris Agreement, where he
expressed Nigeria’s commitment to reducing “Green House Gas Emissions
unconditionally by 20 percent and conditionally by 45 percent”.
This he noted was in line with Nigeria’s “Nationally Determined Contributions.”
While describing the signing as
historic, President Buhari also expressed confidence that with support
from development partners, Nigeria would meet the above targets.
The resident pledged to ensure the
ratification of the Paris Agreement before the 22nd Conference of
Parties to the UN Framework Convention on Climate Change in Marrakesh,
Morocco in November 2016.
He said that it was to demonstrate his
personal dedication to the process of implementing the Agreement that he
was hosting the side event on Taking Climate Action Towards Sustainable
Development.
President Buhari, who said he was
privileged to have been part of the Paris Agreement, expressed
appreciation to what he called “the genuine efforts by President Francois Hollande of France in drawing global attention to reviving the Lake Chad Basin,’’.
He also lauded him for galvanising the political will that led to the global consensus in reaching the Paris Agreement.
The President said Nigeria’s commitment
to the Paris Agreement was articulated through its Nationally Determined
Contributions (NDCs) “that strive to build a climate resilient society
across the diverse terrain of Nigeria.
“We have instituted an Inter-Ministerial
Committee on Climate Change to govern implementation of my country’s
NDCs, thereby ensuring a strong cross-sectoral approach, coherence and
synergy for Climate Action.’’
President Buhari, while admitting that
implementing the Roadmap will not be easy in the face of dwindling
national revenues, however, indicated that both internal and external
resources would be mobilized to meet Nigeria’s targets.
He added that the 2017 Budget would reflect Nigeria’s efforts to accord priority to realizing its NDCs.
“In addition, we are set to launch our
first ever Green Bonds in the first quarter of 2017 to fund a pipeline
of projects all targeted at reducing emissions towards a greener
economy,” he said.
While urging global support to transit
to a low-carbon climate resilient economy, the President specifically
reminded industrialised nations “to play their role and deliver on their
commitments on access to climate finance and technology transfer and
help with capacity-building.
“Expectations are high for their leaders
to deliver 100 billion dollars per year by 2020 in support of
developing countries to take climate action, thus keeping the promise to
billions of people.”
President Buhari called on the
international community to “give special recognition to the plight of
Lake Chad and support our effort to resuscitate the livelihoods of over
five million people in the region.
“This will reinforce our efforts to
reintegrate the thousands of Boko Haram victims and returning Internally
Displaced Persons (IDPs).”
According to the President, the Niger
Delta region is a unique biodiversity rich in coastal environment that
is highly prone to adverse environmental changes.
He said these changes were occasioned by
climate change, such as sea level rise, coastal erosion, exacerbated by
poverty and many decades of oil pollution leading to loss of
livelihoods and ecosystems.
He added however, that “through an
integrated approach, implementation of the NDCs, and our efforts to
clean up Ogoniland, we will improve livelihoods, protect the environment
and take climate action, and ensure the implementation of the
Sustainable Development Goals (SDGs).”
The Paris Agreement builds upon the Convention and – for the first time – brings all nations into a common cause to undertake take ambitious efforts to combat climate change and adapt to its effects, with enhanced support to assist developing countries to do so. As such, it charts a new course in the global climate effort.The Paris Agreement’s central aim is to strengthen the global response to the threat of climate change by keeping a global temperature rise this century well below 2 degrees Celsius above pre-industrial levels and to pursue efforts to limit the temperature increase even further to 1.5 degrees Celsius. Additionally, the agreement aims to strengthen the ability of countries to deal with the impacts of climate change. To reach these ambitious goals, appropriate financial flows, a new technology framework and an enhanced capacity building framework will be put in place, thus supporting action by developing countries and the most vulnerable countries, in line with their own national objectives. The Agreement also provides for enhanced transparency of action and support through a more robust transparency framework.
Read More about the Paris Agreement HERE.
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