Osinbajo advocates debt-for-climate swap deal for African nations

  • 📰 MobilePunch
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 63%

Nigeria Headlines News

Nigeria Latest News,Nigeria Headlines

Vice President Yemi Osinbajo has proposed a Debt-For-Climate Swap deal to achieve a just and equitable energy transition for Africa.

Osinbajo also proposed the greater participation of African countries in the Global Carbon Market while exploring financing options for energy transition.

“in addition to conventional capital flows both from public and private sources, it is also essential that Africa can participate more fully in the global carbon finance market. He encouraged developed countries to support “Africa to develop into a global supplier of carbon credits, ranging from bio-diversity to energy-based credits,” which would be a leap forward in aligning carbon pricing and related policy around achieving a just transition.

“The clear implication of this reality is that our plans and commitments to carbon neutrality must include clear plans on energy access if we are to confront poverty. This includes access to energy for consumptive and productive use and spanning across electricity, heating, cooking, and other end-use sectors.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

This deal is suspicious

What kind of a nonsensical deal is this. Is it not for our own good if as a nation we act to save the climate within the boundary of our nation. If we don't, we shall bear the consequences as a nation as well.

Interestingly hilarious innit 😂 Bet they're now looking for a way to abscond with so much debts already accumulated with some lies that they used the money to run a so called climate program but in reality they already shared the funds amongst themselves.

Please help me 😭 2402218261 zenith bank anything at all will help

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:

 /  🏆 8. in NG

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.

Osinbajo leads energy mission to USA, meets Kamala Harris, W’Bank group Seeks $410b to deliver transition plan | The Guardian Nigeria News - Nigeria and World NewsVice President Yemi Osinbajo, yesterday, departed Abuja for the United States of America to seek global partnerships and support for Nigeria’s recently launched Energy Transition Plan. When it comes to this, he's good to lead but when it comes to being made President, he's not. Useless people
Source: GuardianNigeria - 🏆 1. / 94 Read more »

FACT CHECK: Is Borno the size of UK and Sweden as claimed by Osinbajo? | TheCableVice-President Yemi Osinbajo has said that Borno state is about the size of the United Kingdom(UK) plus Sweden combined or the UK and Denmark. Laolu Akande, Osinbajo’s spokesperson, via a ProfOsinbajo Debunking his claim now won't go viral. Let them debunk one comrade's own. Tears here and there ProfOsinbajo Data, data, data, data. Obi took first in fake data. This one, I don't know ProfOsinbajo Everybody wan they drop number like Peter Obi.
Source: thecableng - 🏆 2. / 80 Read more »

Osinbajo leads energy mission to USA today | The Guardian Nigeria News - Nigeria and World NewsVice President Yemi Osinbajo early Wednesday departed Abuja for the United States of America, to seek global partnerships and support for Nigeria’s recently launched Energy Transition Plan. Osinbajo is leading Nigeria’s Energy Transition Implementation Working Group (ETWG) on the mission with meetings starting from tomorrow, Thursday, to promote the plan and secure global support from […] Energy from where EnergyTransitionPlan. With Osinbajo, we are sure of qualitative representation ! OsinbajoInUS What to know about Energy transition and reason why VP Osinbajo has been in the front burner of attaining a sustainable cleaner and safer environment in Nigeria and even Africa. 👇
Source: GuardianNigeria - 🏆 1. / 94 Read more »

Ex-NFF VP declares intention to succeed PinnickA former First Vice President of the Nigerian Football Association, Mazi Amanze Uchegbulam has declared his interest to succeed Amaju Pinnick as the next President of the Nigerian Football Federation.
Source: MobilePunch - 🏆 8. / 63 Read more »

Ifeanyi Okowa: Atiku Abubakar will not be a dictatorAhead of the 2023 general elections, Delta State governor and Peoples Democratic Party, PDP, vice presidential candidate, Ifeanyi Okowa, has said former Vice President Atiku Abubakar will not be a dictator if elected president. Why is the problem in PDP still lingering?
Source: NigeriaNewsdesk - 🏆 10. / 63 Read more »