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Tag:climate finance

Climate finance by multilateral development banks hits record $125bn in 2023

Multilateral development banks (MDBs), including the African Development Bank (AfDB), say their collective financing for climate action hit a record high of $125 billion...

Climate finance: Key pathway to addressing flooding in Nigeria

Maiduguri, the capital of Borno State in Nigeria, has been increasingly affected by severe flooding, greatly impacting its residents and infrastructure. With climate change...

Stakeholders urge unified action to secure scaled-up climate finance for Africa

Stakeholders have called for a unified action to secure scaled-up climate finance for Africa. The stakeholders spoke at the 12th Conference on Climate Change and...

COP29: African practitioners call for ambitious climate finance goal

As the world gears up for the UN climate talks in Baku, Azerbaijan, in November 2024, African climate finance practitioners recently met to deliberate...

COP29 only chance to bridge climate action, finance gap – Commonwealth chief

The COP29 climate talks in Azerbaijan's Baku is the world's only chance to bridge the gaps in climate action and finance which is crucial...

GCF approves Nigerian bank, $1bn of climate finance for developing countries

The 39th Board meeting of the Green Climate Fund (GCF) has concluded in South Korea with a landmark approval of $1.0 billion in GCF...

COP29: Guterres highlights critical role of finance in support of climate action

UN Secretary General, Antonio Guterres, has called for a strong financial outcome from COP29, the global climate conference to be held in Baku, Azerbaijan,...

Senator Abaribe leads African MPs’ climate finance demand to the G7

Parliamentarians from across Africa, led by Nigerian Senator, Enyinnaya Abaribe, has called on G7 countries to show more commitment in supporting African countries who...

Latest news

Gov Kefas flags off Bobboji Storm Water Project, upgrades ACReSAL to full-fledged agency

The Governor of Taraba State, Dr. Agbu Kefas, has officially flagged off the implementation of the Resettlement Action Plan...
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Sagamu-Ibadan gas pipeline hits 80% completion as REA earmarks N170bn for 500 power projects

The Managing Director of NIPCO Gas Ltd., Mr. Nagendra Verma, says the 18-inch, 80-kilometre Sagamu–Ibadan natural gas pipeline has...

Power generation falls to 4,300MW amid gas shortage, Enugu experiences drop in power supply

The Nigerian Independent System Operator (NISO) says power generation has dropped to approximately 4,300 megawatts due to inadequate gas...

Must read

Gov Kefas flags off Bobboji Storm Water Project, upgrades ACReSAL to full-fledged agency

The Governor of Taraba State, Dr. Agbu Kefas, has...

Sagamu-Ibadan gas pipeline hits 80% completion as REA earmarks N170bn for 500 power projects

The Managing Director of NIPCO Gas Ltd., Mr. Nagendra...
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