Saturday, November 17, 2018

Tag "Climate change"

    Osinbajo: Nigeria needs $1trn investment to modernise energy infrastructure

Osinbajo: Nigeria needs $1trn investment to modernise energy infrastructure

Vice-President Yemi Osinbajo says Nigeria needs about $1 trillion investment to modernise its energy infrastructure.Osinbajo said this on Thursday while declaring open the National Energy and Climate Change summit at the state house conference center in Abuja.Represented by Ogbonnaya Onu, minister of science and technology, the vice-president said the Buhari administration was doing a lot to attract both domestic and [...]

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    Okonjo-Iweala: Fighting climate change can add $26trn to global economy

Okonjo-Iweala: Fighting climate change can add $26trn to global economy

Ngozi Okonjo-Iweala, co-chair of the Global Commission on the Economy and Climate, says fighting climate change can add $26 trillion to the world economy by 2030.The former Nigerian minister of finance said addressing climate change issues could generate more than 65 million new low-carbon jobs and avoid more than 700,000 premature deaths from air pollution.Speaking at the 2018 Global Commission [...]

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    Nigeria to raise N150bn from green bonds in 2018

Nigeria to raise N150bn from green bonds in 2018

Nigeria will issue green bonds worth N150 billion to the public in 2018 as a means of increasing climate funding.Ahmad Salihijo, a technical assistant to the minister of environment, made this known while speaking at a panel discussion on climate finance work for women and non-state actors in Lagos.Nigeria issued its first green bond, which was worth N10 billion, in [...]

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    Herdsmen-farmers crisis: A fallout of climate change

Herdsmen-farmers crisis: A fallout of climate change

BY DAVID EMOCHE Herdsmen-farmers’ crisis in Nigeria has left deep wounds in the heart of many. The thought of the hundreds of lives that have been wiped off the face of the earth or the several viable communities deserted in the middle-belt region of the country is black and unbearable. Furthermore, the crushing experience has thrown the entire country into a [...]

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    How oil spills ‘lubricate’ migration from Nigeria

How oil spills ‘lubricate’ migration from Nigeria

According to the United Nations Economic Commission for Africa (UNECA), migration streams within Africa are larger than those out of Africa.In a report released in 2016, UNECA said about 31 million of the continent’s 1.2 billion population have migrated internationally, while more than half of those migrating internationally do so within Africa.Ouidah, one of the 10 major cities in Benin Republic, [...]

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    World Bank: We’ll stop financing oil and gas projects after 2019

World Bank: We’ll stop financing oil and gas projects after 2019

The World Bank says it will stop financing upstream oil and gas projects after 2019.The Bretton Wood institution made this known on Tuesday at a climate summit intended to boost global shift to cleaner energy."As a global multilateral development institution, the World Bank Group is continuing to transform its own operations in recognition of a rapidly changing world," the bank [...]

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    Environment minister blames Benue flood on buildings constructed along water channels

Environment minister blames Benue flood on buildings constructed along water channels

Ibrahim Jibril, minister of state for environment, says buildings constructed along water channels caused the flood in Benue state.Esther Agbarakwe, media aide of the minister, quoted him as saying this after an assessment of the flooded areas.Jibril, who also a paid a visit to Samuel Ortom, governor of Benue, commiserated with the people and reiterated the collective need to address [...]

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    World has three years left to act on climate change, experts warn

World has three years left to act on climate change, experts warn

The world has just three years left to reduce carbon dioxide emissions “before it is too late,” a group of climate experts and scientists said on Wednesday.The warning is a week ahead of the G20 meeting of world leaders in Hamburg.If annual emissions continue to rise beyond 2020, or even remain stable, temperature targets set by the Paris climate agreement [...]

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    Climate change is driving millions to poverty in ECOWAS, says Buhari

Climate change is driving millions to poverty in ECOWAS, says Buhari

President Muhammadu Buhari says climate change is driving millions of people in the Lake Chad Basin into poverty.Buhari also said the poor regional integration and the climate change experienced in the Economic Community of West African States (ECOWAS) is as a result of globalisation.He said this while speaking at the 50th ordinary session of the ECOWAS summit of heads of [...]

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    Okonjo-Iweala: Climate change agenda  must respect the rights of developing countries

Okonjo-Iweala: Climate change agenda must respect the rights of developing countries

Ngozi Okonjo-Iweala, two-time minister of finance,  says the climate change agenda, currently being ambitiously pushed by the world, must respect the rights and growth aspirations of the developing world.The former minister, who is currently attending the 22nd Conference of Parties (COP22) said "developing nations have contributed the least to the climate change crisis through their carbon emissions, yet their often [...]

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    Buhari: Climate change has contributed to insecurity in the north

Buhari: Climate change has contributed to insecurity in the north

President Muhammadu Buhari says climate change has contributed to insecurity in the north, with special  emphasis on the Lake Chad region.Speaking at 22nd Conference of Parties (COP22) in Morocco, the president said Nigeria is taking urgent steps to combat the adverse effects of climate change in the country."We have reflected our determination for green growth in my country’s ambitious Intended [...]

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    Trump can’t stop climate change action, says Ban Ki-moon

Trump can’t stop climate change action, says Ban Ki-moon

Ban Ki-moon, UN secretary-general, says action on climate change has become “unstoppable”.He expressed hopes that Donald Trump, US President-elect, would drop plans to quit a global accord aimed at weaning the world off fossil fuels.Ban said at a meeting of almost 200 nations in Morocco on Tuesday that US companies, states and cities were all pushing to limit global warming.The [...]

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    HP moves to ‘end deforestation’ by 2020

HP moves to ‘end deforestation’ by 2020

In a bid to curb global warming and attendant climate change, Hewlett Packard (HP), leading computer manufacturer, says it will attain zero deforestation by 2020.In its 2015 sustainability report, which is in line with the United Nations' sustainable development goals (SDGs), the company made the resolution that all HP brand paper and paper-based product packaging will be derived from certified and [...]

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    Erisco asks FG to release forex to end tomato scarcity

Erisco asks FG to release forex to end tomato scarcity

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    Climate change and food security: Even the Pope can hear the earth cry

Climate change and food security: Even the Pope can hear the earth cry

The world is at strangest of times; experiencing the harshest of temperatures, the weakest rainfall, the strongest floods, and the fiercest of silent wars. The earth is crying, but just a few can hear her wail at the feet of climate change and food insecurity.Like never before, our world is getting under extreme threats from environmental hazards of a warmer [...]

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    Mother Earth Day: Six ways trees combat climate change

Mother Earth Day: Six ways trees combat climate change

Annually, April 22 is set aside by the United Nations (UN) to commemorate the International Mother Earth Day.This year's Mother Earth Day, themed Trees for Earth, sets the goal of planting about 7.8 billion trees in the next five years.See how the United Nations says trees can help combat climate change:Standing tall, with various branches, trees "absorb excess and harmful [...]

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November 16, 2018USDGBPEUR
INTERBANK306397354
LAGOS359475418
KANO359476420
PH360476420
ABUJA359478419
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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