LAGOS,Nigeria (VOICE OF NAIJA) –Nigeria is on the verge of a climate crisis with severe consequences for its environment, economy, and people.
Erratic weather patterns, including intense floods and prolonged droughts, have disrupted agriculture, causing food insecurity and displacing millions.
This was disclosed by the Co-Founder and Executive Director of Climate Action Africa, Grace Mbah.
She said: “Rising temperatures and reduced rainfall in the north exacerbate droughts and water scarcity, while coastal cities face the imminent threat of rising sea levels.
“Nigeria’s climate goals, outlined in the Paris Agreement, hinge on securing adequate climate finance, but the country currently faces a significant funding gap.
READ ALSO: Weather Conditions Could Worsen Meningitis Outbreak – NiMet
“Bridging this gap requires a multi-pronged approach involving the public and private sectors and international support.
“The Nigerian government must prioritise climate finance allocation, while the private sector should incentivize low-carbon investments.”
Noting that developed nations must fulfil their commitments to support developing countries in their climate efforts, positive steps have been taken, such as the signing of the Climate Change bill into law and the issuance of sovereign green bonds.
She further said transparency, accountability, capacity building, and unlocking private sector investment are crucial areas for progress.
“Nigeria’s future hinges on mobilising climate finance and embracing innovative solutions to build a low-carbon and climate-resilient nation.
“Immediate action is imperative to avert the impending climate crisis,” she said.