By Michael Olugbode
The UK and Italian Governments have promised to assist the ecological transition of growing international locations, notably in Sub-Saharan Africa.
Addressing a press convention yesterday, the ambassadors of the 2 international locations, who’re co-hosting the 2021 United Nations Local weather Change Convention (COP 26) holding in Glasgow between October 31 and November 12, 2021, mentioned their each international locations are dedicated to supporting the funding of efforts at combating the threats of local weather change in growing international locations.
Talking on the press briefing in Abuja, the Italian Ambassador to Nigeria, Dr. Stefano Pontesilli, mentioned: “The Italian Nationwide Restoration and Resilience Plan (PNRR in Italian) launched by the Italian Authorities to spice up the financial system from the influence of the COVID-19 pandemic has at its coronary heart the purpose of permitting the inexperienced growth of our nation. Subsequently a big a part of the funds allotted by means of the ‘Next Generation EU Programme’ will probably be invested in redeveloping our financial system and our industrial system in a manner that can assist us, amongst different issues, to attain all targets set inside the COP26 agenda.
“Certainly, what was once our Ministry of Setting has been strengthened and renamed Ministry for Ecological Transition, to spotlight its accrued position in supporting the transition of our whole financial system in direction of sustainable development that may scale back the influence on local weather.
“It is with this ambitious internal climate change agenda that Italy goes to Glasgow next week, ready to share its experience and learn from others. It brings to the table also a strong commitment to supporting the ecological transition of developing countries, particularly in Sub-Saharan Africa.”
He added that: “Nigeria, with its experience in the field of hydrocarbons and with a population that is due to be the fourth largest in the world in 2050, has a significant role to play in COP26. Challenges and opportunities lay ahead, but what is clear is that the transition to green and circular economies will be at the heart of both national agendas and multilateral collaboration in the coming years, and that it presents the classic ‘win-win’ scenario where countries with mature and developing economies can collaborate successfully. Italy and its green industries are ready to collaborate with Nigerian partners, starting with the private sector to identify and develop the opportunities that rise from the economic transition towards sustainable development.”
On her half, United Kingdom’s Excessive Commissioner to Nigeria, Catriona Laing, who was represented by the Deputy Excessive Commissioner, Ben Llewellyn-Jones, on the briefing, mentioned her authorities has 4 clear targets at COP26, which they want all world leaders and their delegations to assist.
In line with her, the targets are to safe world web zero by mid-century and hold 1.5 levels inside attain; to adapt behaviour to guard communities and pure habitats; to mobilise finance-developed international locations should make good on their promise to mobilise no less than $100 billion in local weather finance per yr; and to work collectively to deliver-finalise the Paris Rulebook (the detailed guidelines that make the Paris Settlement operational), and speed up motion to sort out the local weather disaster by means of collaboration amongst governments, companies and civil society.
She famous that UK would need the outcomes of the negotiations at COP26 to guard and restore nature, comply with the very best out there science, and empower inclusive motion.
She mentioned: “We look forward to seeing Nigeria engaging actively at the World Leaders Summit and playing a constructive role in the COP26 negotiations. We also look forward to seeing Nigeria showcasing progressive climate-related policies and actions. We hope Nigeria can help other countries attending to raise their levels of ambition, and commit to action.”
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