Connect with us

News

President Tinubu Meets King Charles Of United Kingdom Ahead Of COP28 Climate Action Summit

Tinubu departed Nigeria on Wednesday hours after presenting Nigeria’s N27.5 trillion 2024 budge…

Published

on

Tinubu Charles VerseNews
President Bola Ahmed Tinubu and King Charles

President Bola Tinubu has met with King Charles ahead of the 12-day UN Climate Action Summit (COP28) taking place in Dubai, United Arab Emirates.

VerseNews reports that Tinubu departed Nigeria on Wednesday hours after presenting Nigeria’s N27.5 trillion 2024 budget proposal to a joint session of the National Assembly in Abuja.

The summit is taking place in the United Arab Emirates (UAE) in a year climate scientists described as the hottest in human history. Experts also say the impacts of the climate crisis have wreaked havoc on human lives and livelihoods around the world.

Advertisement

The climate summit, being attended by over 160 world leaders, including President Tinubu, will run from November 30 to December 12, 2023.

The leaders are expected to take decisive action on climate commitments to prevent further impacts.

Earlier, the State House had revealed that President Tinubu, among other things, plans to remind “developed countries of their public pledge to provide $100 billion annually for support to localized initiatives to address climate change-related challenges” during COP28.

The Presidency also noted that the Nigerian delegation to the summit will “actively explore establishing new and deeper bilateral partnerships to implement Nigeria’s Energy Transition, Article 6 Projects, Internationally Transferred Mitigation Outcomes (ITMOs), Technology Transfer, Capacity Building, and Methane Mitigation.”

Advertisement
GALbbTbXwAAnvfa

During his budget presentation on Wednesday, Tinubu stated “As we approach COP 28 climate summit, a pivotal moment for global climate action, I have directed relevant government agencies to diligently work towards securing substantial funding commitments that will bolster Nigeria’s energy transition.

“It is imperative that we seize this opportunity to attract international partnerships and investments that align with our national goals. I call upon our representatives to engage proactively to showcase the strides we have made in the quest to create an enabling environment for sustainable energy projects.

“Together, we will strive for Nigeria to emerge from COP 28 with tangible commitments, reinforcing our dedication to a future where energy is not only a catalyst for development but also a driver of environmental stewardship.”

According to the UN Climate Change Executive Secretary, Simon Stiell, the world leaders attending COP20 must deliver a clear message to deepen cooperation and actions to reverse climate impacts.

Advertisement

“COP28 cannot be just a photo-op. Leaders must deliver – the message is clear,” Stiell said.

“And as leaders leave Dubai after the opening summit, their message to their negotiators must be equally clear: don’t come home without a deal that will make a real difference.”

A report recently published by the UN shows that national climate action plans would collectively lower greenhouse gas emissions to 2 per cent below the 2019 levels by 2030.

Advertisement

“The reality is that without much more finance flowing to developing countries, a renewables revolution will remain a mirage in the desert. COP28 must turn it into a reality.

“Replenishing the Green Climate Fund, doubling financial resources for adaptation and operationalising the loss and damage fund are key to keeping 1.5°C within reach while leaving no one behind,” the UN Climate Change Executive Secretary added.

WhatsAppCOnnect

Stay ahead with VerseNews. Get the latest breaking news, insightful analysis, and trending stories. Your go-to source for timely updates and unbiased reporting.

Advertisement
Click to comment

You must be logged in to post a comment Login

Leave a Reply

WATCH: Nigeria Newspaper Headline Today

Apply For Latest Job Openings

Trending

President Tinubu To Temporarily Halt Import Duties On Food, Drugs President Tinubu To Temporarily Halt Import Duties On Food, Drugs
News9 hours ago

FG Releases Statement on U.S. Military Airstrikes on Terrorist Groups in Nigeria

The Federal Government has confirmed continued security and intelligence cooperation with the United States following precision airstrikes on terrorist targets...

Screenshot 1171 Screenshot 1171
News9 hours ago

‘Merry Christmas to All’: U.S. Department of War Releases Footage of Strikes Against ISIS in Nigeria – Watch

The U.S. Department of War has released video footage of military strikes against ISIS in northeast Nigeria, highlighting American operations...

Screenshot 1170 Screenshot 1170
News9 hours ago

BREAKING: U.S. Launches ‘Powerful and Deadly’ Airstrikes in Northwest Nigeria

The United States has launched “powerful and deadly” airstrikes on Islamic State targets in northwest Nigeria, acting at the request...

IMG 6842 IMG 6842
News2 days ago

FG Partners Social Media Giants, Orders Takedown of Terrorist Accounts

The Federal Government says it is working closely with major social media platforms to identify and shut down accounts used...

firs firs
News3 days ago

NIN Now Serves as Tax ID for Nigerians Under New Tax System — FIRS

The Federal Inland Revenue Service has clarified that Nigerians no longer need a separate Tax Identification Number, as the National...

ekong ekong
Sports3 days ago

Troost-Ekong Receives National Honour Certificate from President Tinubu

Retired Super Eagles captain William Troost-Ekong has received his Member of the Order of the Federal Republic certificate from President...

defection defection
Politics3 days ago

BREAKING: Six Rivers Reps Dump PDP for APC

Six members of the House of Representatives from Rivers State have defected from the PDP to the APC...

Super Eagles 1 Super Eagles 1
Sports3 days ago

Preview: Super Eagles Begin AFCON Quest Against Tanzania in Group C Opener

Nigeria’s Super Eagles kick off their Africa Cup of Nations campaign on Tuesday against Tanzania in Morocco, targeting a fourth...

tax laws tax laws
News3 days ago

NBA Demands for Suspension of Tax Reform Acts Over Alleged Alterations

The Nigerian Bar Association has urged the Federal Government to suspend implementation of the new Tax Reform Acts...

G811CEsXAAAxIJz G811CEsXAAAxIJz
News3 days ago

Dangote Refinery Releases Hotline to Report MRS Stations Selling Fuel Above N739

Dangote Petroleum Refinery has unveiled a toll-free hotline for Nigerians to report MRS filling stations selling petrol above the approved...

Advertisement