Tag: #ClimateFinance
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MAKE BIG POLLUTERS PAY (MBPP) COALITION REJECTS TROPICAL FOREST FOREVER FACILITY, WARN OF DANGEROUS FINANCIALISATION OF NATURE
The Make Big Polluters Pay (MBPP) Coalition has condemned the newly launched Tropical Forest Forever Facility (TFFF) as a misleading attempt to financialise nature under the pretense of protection. Robert Egbe, Media Officer for Corporate Accountability and Public Participation Africa (CAPPA), spoke out for the coalition in Abuja during COP30, where the $125 billion TFFF…
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GATES FOUNDATION COMMITS $1.4 BILLION TO HELP SMALLHOLDER FARMERS ADAPT TO CLIMATE CHANGE
The Bill and Melinda Gates Foundation has announced a $1.4 billion, four-year investment to support smallholder farmers across sub-Saharan Africa and South Asia in adapting to climate change. The announcement was made at the 30th UN Climate Change Conference (COP30) in Brazil. This funding will provide innovative tools such as AI-powered weather forecasts, digital advisory…
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VICE PRESIDENT KASHIM SHETTIMA URGES GLOBAL LEADERS TO MOVE FROM PLEDGES TO ACTION AT COP30
Vice-President Kashim Shettima called on world leaders at the 30th UN Climate Change Conference in Belém, Brazil, to take “reasonable action” and shift from promises to real performance in tackling climate change and its devastating effects. Representing President Bola Tinubu, Shettima reaffirmed Nigeria’s commitment to reduce emissions by 32% by 2035, unveiling Nigeria’s climate finance…
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AFRICAN STAKEHOLDERS UNITE FOR URGENT CLIMATE ACTION AHEAD OF COP30
Ahead of the 2025 UN Climate Change Conference (COP30) in Belém, Brazil, African stakeholders have adopted a powerful seven-point communiqué calling for urgent, coordinated climate action that balances ambition with Africa’s development needs. The statement, released by the Society for Planet and Prosperity (SPP), emphasizes the importance of Nationally Determined Contributions (NDCs) as practical roadmaps…
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UNEP SOUNDS ALARM ON CLIMATE ADAPTATION FUNDING GAP: DEVELOPING NATIONS FACE MASSIVE SHORTFALL
The United Nations Environment Programme (UNEP) has issued a stark warning in its Adaptation Gap Report 2025, revealing that developing countries will need over $310 billion annually by 2035 to tackle worsening climate impacts a figure more than 12 times the current funding levels. Titled “Running on Empty”, the report highlights that while more countries…
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MINISTER UZOKA-ANITE URGES WEST AFRICAN INSURERS TO UNITE AGAINST CLIMATE RISKS
Minister of State for Finance, Dr. Doris Uzoka-Anite, called for stronger regional collaboration among West African insurers to boost resilience against escalating economic threats from climate change. Speaking at the 2025 WAICA Education Conference in Lagos, she stressed that climate change is no longer just an environmental issue but a financial and developmental challenge affecting…
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FCT TO HOST AFRICA CLIMATE FORUM 2025, DRIVING GREEN TRANSITION SOLUTIONS
The Federal Capital Territory will host the Africa Climate Forum (ACF) 2025 from October 14-15, bringing together governments, investors, innovators, and civil society to develop practical solutions for Africa’s green transition. Prof. George Nwangwu of the Global Centre for Law, Business and Economy says this year’s theme, “Bolder, Greener and Better Steps,” focuses on closing…
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UN CLIMATE CHIEF CALLS FOR ACCELERATED CLEAN ENERGY ACTION IN DECADE OF DELIVERY
Tenfold surge in clean energy investment signals hope, but faster, fairer progress is crucial. UN Climate Exec Secretary Simon Stiell highlights $2 trillion clean energy growth since Paris Agreement but warns benefits remain uneven. He urges nations to ramp up implementation, leveraging technology like AI and clean industry to create jobs and resilience. Stiell stresses…
