Here is a round-up of last week’s climate stories:Last week at the African Development Bank Group annual meeting held in Egypt, Akinwumi Adesina, the bank’s president, said Africa was in dire need of adequate financing to tackle the effects of climate change. Adesina said the continent would need $2.7 trillion to finance adaptation to climate change by 2030. He also said Africa’s climate finance from the private sector would need to increase by 36 percent yearly.
aid there was a need to adopt smart policies to enrich biodiversity, protect the ecosystem, as well as strengthen the fight against negative climate change impacts. Read moreAlso, the house of representatives, on May 25, asked the federal government to implement the carbon credit scheme to mitigate the negative effects of climate change in the country. Sam Onuigbo, a lawmaker who moved the motion, said the industrial sector contributes highly to the emissions of greenhouse gases in the country.
Source: News Formal (newsformal.com)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Why Nigerian Govt Should Remove Fuel Subsidy, Increase Tax Generation - AfDB PresidentThe President of the African Development Bank (AfDB), Dr. Akinwumi Adesina, has criticised fuel subsidy regime and the high cost of governance in Nigeria.
Source: LeadershipNGA - 🏆 4. / 77 Read more »
Fuel subsidy crippling Nigeria's economy - AfDB President advises TinubuAhead of the inauguration of Bola Ahmed Tinubu's administration on Monday, Dr Akinwumi Adesina, the President African Development Bank (AfDB), has said
Source: DailyPostNGR - 🏆 11. / 59 Read more »
Ensure multinationals pay appropriate taxes, Akinwunmi Adesina advises Tinubu | TheCableAdewumi Adesina, president of African Development Bank, has urged President-elect Bola Tinubu to ensure that multinational companies pay appropriate royalties and taxes
Source: thecableng - 🏆 2. / 80 Read more »
This is how President Bola Tinubu can fix Nigeria -- Akinwunmi AdesinaDr Adesina says the starting point for Mr Tinubu must be macroeconomic and fiscal stability so he can revive the economy, address...
Source: PremiumTimesng - 🏆 3. / 78 Read more »
Happening Now: Jonathan, Adesina, Dangote, Others Arrive For Tinubu's Inauguration As Nigeria's 16th PresidentGuests including former President Goodluck Jonathan and wife, Patience, businessmen, Abdulsamad Rabiu, Femi Otedola and Aliko Dangote including outgoing
Source: LeadershipNGA - 🏆 4. / 77 Read more »
There Is No Justification For Poor Power Supply In Nigeria – African Development Bank Charts Course For 'President-Elect' Tinubu | Sahara ReportersThe African Development Bank has stated that there is no justification for the abysmal power situation in Nigeria which is killing the private sector and making the Nigerian industry less competitive. The AfDB President, Dr Akinwumi Adesina, who stated this on Saturday, added that the incoming administration of “President-elect”, Bola Tinubu must increase the tax generation in the country and ensure that multinational companies pay appropriate royalties and taxes.
Source: SaharaReporters - 🏆 9. / 63 Read more »