Tinubu Bola President on Wednesday urged world leaders to overcome the deteriorating global climate crisis.
Tinubu, according to a statement issued by special advisors about information and strategies, Bayo Onanuga, made a call during a high -level virtual dialogue about fair climate and transition.
He reiterated Nigeria’s readiness to form paradigm changes in which climate actions and economic growth advanced together, not in opposition.
The president said: “The global climate emergency demands our collective, brave, and sustainable leadership.
“For Nigeria, the current urgency is clear: we see climate action not as a cost for development, but as a strategic necessity.”
The meeting, which was held jointly by the UN Secretary General, Mr. António Guterres, and Brazilian President, Luiz Inacia Lula Da Silva, aims to accelerate the ambition of the global climate in front of the COP30, which will host the South American country.
Leaders from 17 countries, including China, the European Union, countries that are poor in climate, and major regional blocks such as the African Union, ASEAN, and the small island state alliance, participated in the meeting.
Tinubu, which discussed the session from Abuja, outlines the Nigerian energy transition plan (ETP) as a brave and pragmatic road map to achieve net-zero emissions in 2060.
ETP is targeting five core sectors – strength, cooking, transportation, oil and gas, and industry – and identifies financing needs of more than $ 410 billion in 2060 to achieve this goal.
“Therefore, we are in the process of aligning our regulation environment, fiscal incentives, and institutional frameworks to ensure that energy access, decarbonization, and economic competitiveness runs in a locked step. We also take leadership on energy access,” he said.
The President underlined the role of Nigeria as an anchor in the mission initiative 300, which was carried out in partnerships with the World Bank and the African Development Bank.
This initiative aims to provide electricity to 300 million Africans in 2030.
He remembers his participation in the Salaam Declaration earlier this year and Nigeria’s presentation of his National Energy Compact, which outlines the commitment of reform, investment opportunities, and measurable targets to expand access to clean energy and clean cooking solutions.
“Compact is one of the first of its type in Africa and outlines our policy reform commitment and specific investment opportunities in the energy sector. This sets measured targets to foster access to electricity and increase clean cooking penetration.
“We are trying to build capacity and ensure that we meet this target, not only reflecting our ambitions but also our commitment to meet the ambition in a measurable manner,” Nigeria’s leader concluded.
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