Vice-President, Sen. Kashim Shettima has called on the World Bank, International Monetary Fund (IMF) and African Development Bank (AfDB) to scale up financing for climate action.
Shettima, made the call at a Climate Submit during the 80th Session of the United Nations General Assembly (UNGA), in New York, stating that the climate emergency demands not just words, but courageous and sustained leadership.
The vice president revealed that Nigeria is mobilising $20 to $25 billion in climate finance by 2030, including green bonds, blended finance, and public-private risk-sharing mechanisms.
Shettima, therefore, called on global partners to scale up concessional finance, knowledge sharing, and technology transfer, to accelerate not just Nigeria’s transition, but Africa’s contribution to a safer, more sustainable world.
