President Buhari on Thursday in New York signed the historic Climate Change Agreement.
The President also used the occasion to call for aid in the revival of the Lake Chad basin.
Buhari after signing the agreement said that this was a demonstration of Nigeria’s commitment to a global effort to reverse the effects of the negative trend.
President Buhari made the statement while addressing the opening session of the meeting on “Taking Climate Action for Sustainable Development’’ in New York on Thursday.
A statement released by the Special Adviser on Media and Publicity to the president, Mr Femi Adesina, said the meeting was co-hosted by Nigeria and the United Nations Environment Programme (UNEP).
Mr. Adesina disclosed that the meeting was one of the side events of the 71st Session of the United Nations General Assembly (UNGA71).
He mentioned that President Buhari had earlier signed the Paris Agreement.
At the event, the president expressed Nigeria’s commitment to reducing Green House gas emissions unconditionally by 20 per cent and conditionally by 45 per cent.
The president noted that was in line with Nigeria’s “Nationally Determined Contributions.”
President Buhari, while describing the signing as historic, expressed confidence that with support from development partners, Nigeria would meet the above targets.
Buhari Signs Historic Climate Change Agreement
The President 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.
President Buhari said:
“…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.
“…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.
He also called for support to resuscitate the livelihoods of the over five million people in the region.
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 further stated 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).”