COP29: Nigeria developing framework for participation in carbon market, says minister

November 20, 2024 12:11 pmBalarabe Lawal, minister of environment, says Nigeria is developing a new carbon market registry to reduce its emissions footprint.delivering the national statement on President Bola Tinubu’s behalf, at COP29 in Baku, Azerbaijan.

“We stress the need to significantly scale up adaptation finance to enable developing countries to accelerate adaptation and build resilience,” Lawal added.“We also urge accelerated efforts to operationalise the loss and damage fund to mitigate the damaging impacts of climate change.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

COP29: Enhancing Nigeria’s climate finance transparency to attract funding, By Hamzat LawalPremium Times - Nigeria'bs leading online newspaper, delivering breaking news and deep investigative reports from Nigeria
Source: PremiumTimesng - 🏆 3. / 78 Read more »

COP29: Countries agree on new global carbon market frameworkNations at the 29th session of the climate change conference of parties (COP29) have aggred on a new global carbon market framework, to reward countries cutting down emissions.
Source: thecableng - 🏆 2. / 80 Read more »

Climate finance gap could reach $359bn, UNEP warns ahead of COP29The United Nations Environment Programme (UNEP) says the global finance gap for climate adaptation could soar to $359 billion.
Source: thecableng - 🏆 2. / 80 Read more »