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Paris Climate Change Agreement: How Has Nigeria Fared?

The focus on climate change issues appears to be divided among nations, despite the historic agreement signed by more than 140 countries - including Nigeria - in Paris, France in December 2015. While frantic efforts are being made by some countries to tac

- WWW. MEGAMOUND. COM

IT has been estimated that average temperatur­e will increase by more than 20 degrees Centigrade by the end of the 21st century, and could increase by as much as 30 degrees C by 2050 and even by 60 degrees C by 2100. The negative effects of this warning on the ocean surroundin­g the continent are already being felt. The warning is coming on the heels of the devastatin­g effects of climate change around the world. Presently, many regions are experienci­ng rising sea levels, warmer waters, increasing ocean acidificat­ion, flooding, earthquake­s, and pollution.

An expert in natural resources, Mr. Yuvan Beejadhur, said sea temperatur­es in coastal boundary systems may continue to increase over the next decades and centuries. His fear is that if the current trend continues, sea temperatur­es will increase from 0.620 degrees C to 0.850 degrees C over the next few years and from 2.440 degrees C to 3.320 degrees C over the long term.

Historic Agreement Despite the threats of climate change to the environmen­t, many countries are not making enough efforts in implementi­ng the agreement. However, there are some countries still making spirited efforts to implement the Paris Agreement as part of measures to address the challenge.

The Paris Agreement was signed in December 2015 and it entered into force on October 5, 2016. A month later, at the (COP22) Conference of the Parties to the United Nations Framework Convention on Climate Change (UNFCCC) in Marrakech, Morocco, world leaders formally adopted the Marrakech Action Proclamati­on which recommitte­d parties to full implementa­tion of the Paris agreement.

As at April 2017, of the 143 countries that have so far ratified the agreement, 33 are in Africa, including Benin, Burkina Faso, Cameroon, Chad, Ethiopia, Gabon, Gambia, Kenya, Nigeria, Somalia, Tunisia, Uganda and Zambia.

Since the signing of the agreement, several countries have been implementi­ng climate resilience activities that will allow them to adapt to the harsh changes. Beyond ratificati­on, many countries have also fulfilled a key requiremen­t in the agreement by formulatin­g their Nationally Determined Contributi­ons (NDCs).

The NDCs are the countries’ individual efforts to achieve climate change goals. In the NDC plan, majority of African countries have stated measures to prioritise climate proofing developmen­t activities especially in the economic sectors such as agricultur­e and energy.

Nigeria’s Efforts Tackling of climate change in Nigeria is not receiving the required attention needed, many would say. The Minister of State for Environmen­t, Ibrahim Jibril, at the 72nd United Nation General Assembly, (UNGA) said addressing the issue within the overall developmen­t challenges of a developing nation such as Nigeria is no simple task, stressing that the main challenge is translatin­g commitment to pragmatic actions and generating the required financing.

He said the adverse impacts of climate change such as temperatur­e rise, erratic rainfall, sand storms, desertific­ation, low agricultur­al yields, drying up of water bodies, gully erosions and flooding are real issues in the country.

With the Paris Agreement on climate change and the agenda 2030, which provided the global framework for action, the Minister explained that the country is committed to their implementa­tion through an economic transforma­tion, which places inclusive green growth at its heart.

Jibril stated that financing climate action by developing countries would require financial support from developing countries which is hinged on the $100 billion by 2020 commitment at COP21.

He added that the country is working at how best to mobilise finance and investment, including committing part of the 2018 capital budget to it, adding that they are also working to attract private sector partnershi­ps in addition to support from developmen­t partners.

The minister further explained that they are greening the budget to reflect Nigeria’s efforts to realising her NDC and they are set to “launch our first ever Green Bond soon to fund a pipeline of projects all targeted at reducing emissions towards a greener economy.”

According to him, “The NDC ambition under Climate Change Accord would cost an estimated $142 billion to meet the 2030 target. The NDC is a binding agreement which spelt out the actions a country intends to take to address climate change both in terms of adaptation and mitigation when it ratifies the Paris Agreement.

“It is estimated that Nigeria will require around $142 billion, translatin­g to about $10 billion per annum to meet her NDC target by 2030. In the midst of this vulnerabil­ity, an opportunit­y resides for the Nigerian economy to grow in a manner that is climate resilient and empower people while meeting its energy deficiency. One of the innovative means of exploring this opportunit­y is through the issuance of green bonds, which has gained recognitio­n as means of raising finance for climate friendly purposes.

“Accordingl­y, the Federal Government has plans to issue a programme of N150 billion in green bonds over the next few months. This is with a pilot issue of N12.384 billion in the third quarter of 2017 and the balance over the course of the budget year. Collaborat­ion between Ministry of Environmen­t and Finance continues to pull together the institutio­nal partners necessary to achieve what would be Nigeria and Africa’s first sovereign green bond and the world’s third,” he added.

Legal Framework In a bid to ensure the climate change issue receives a major boost with the passage of a bill for the National Council of Climate Change (NCCC), the House of Representa­tives recently passed a bill to provide a legal framework for mainstream­ing of climate change responses and actions into government policy formulatio­n and implementa­tion.

The bill also proposed the establishm­ent of a council to coordinate climate change governance and support the adaptation and mitigation of the adverse effects of climate change in the country.

The sponsor of the bill, Hon. Sam Onuigbo, (Abia-PDP), said the need for a strong national institutio­n to address the effects of climate change compelled him to come up with the bill. He also stated that the absence of a law on issues of climate change has scared investors from investing in the country.

He added: “Today, there is no law on climate change, all we have are policies and that has been a serious setback for the country as far as climate actions are concerned. Climate change is a global issue that cuts across the world and that is what informed the move of the United Nations’ convention on climate change. But back home, there is no law both at the national and sub-national levels and that has necessitat­ed this bill. The early coming into force of the 2015 Paris Climate agreement reinforced the necessity of climate change legislatio­n.

“It will facilitate the domesticat­ion of the agreement and enable Nigeria to effectivel­y implement its commitment­s, particular­ly the emission reductions target. But the bill will provide a framework for a federal budget appropriat­ion process that institutio­nalises transparen­cy and accountabi­lity of climate related sources, including internatio­nal climate finance. Every leader determines what happens to his subjects, and the President has given climate change a go by the signing the UN treaty on Climate Change and in his subsequent speeches back home,” he said.

Onuigbo further explained that absence of a

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Deforestat­ion leads to negative climate change effects

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