FG SEEKS SUPPORT OF UN TO REDEEM 100 BILLION DOLLARS PLEDGE
Written by Sarah Osanyinlusi on July 7, 2021
The Federal Government is seeking the support of United Nations (UN) to persuade developed countries to redeem 100 billion dollars pledge made to support developing countries to attain Nationally Determined Contributions (NDC) target.
The Minister of Environment, Dr Mohammed Abubakar said this yesterday when the UN Deputy Secretary General, Hajiya Amina Mohammed paid him a courtesy visit in Abuja.
The NDC, which is at the heart of the Paris Agreement on climate embodies efforts by each country to reduce national emissions and adapt to the impacts of climate change.
Abubakar said that Nigeria’s NDC was projected based on five per cent annual Gross Domestic Product (GDP) increase.
He said the country, unfortunately was not able to attain up to 2.5 per cent steady GDP increase annually amidst the COVID-19 pandemic.
Editor: Ayaba Omezi