Climate Watch: FG to make climate data available to investors | TheCable

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Despite directly impacting our communities, health and livelihood, climate-related reports usually take a back seat to dominant news beats like politics and business. Climate Watch aims to ensure you never

AdvertisementIn order to increase climate-related and environment investments, Sharon Ikeazor, minister of state for environment, said the federal government will collaborate with the Nigerian Exchange Limited to provide investors with climate data. This, according to her, will provide investors with important new tools and enable capital reallocation.

Speaking at the digital closing gong ceremony organised by the NGX last week, Ikeazor said Nigeria has shown its continual dedication towards achieving climate goals through several established parameters and policies. She said the ministry’s collaboration with NGX will provide a platform for investors to improve their understanding of climate change and play their part in transitioning the Nigerian economy towards a sustainable net-zero future. Read moreOgoni Development Drive , a rights group in Ogoniland, has called on the federal government to change the head of corporate communications of the Hydrocarbon Pollution Remediation Project .

As the world moves to huge sustainable energy investments in this decade, Germany aims to make renewables meet 80 percent of power demand by 2030 by expanding wind and solar power infrastructure. The country has recently pulled the plug on three of its last six nuclear power stations as it moves towards completing its withdrawal from nuclear power and turning its focus to renewables.

As food insecurity worsens in Madagascar, over one million people are currently in need of emergency food assistance and nearly half of all children aged six months to five years are suffering from chronic malnutrition. In view of this, Switzerland has made an additional contribution of CHF 900,000 to help deal with the serious food crisis in the island country.

 

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