Nigeria Needs Climate Change Fund – Rep
Chairman of the House of Representatives Committee on Climate Change, Hon. Sam Onuigbo, has advocated the setting up of a dedicated fund for climate change issues facing the country.Onuigbo also said the reality of the consequences of climate change has made it imperative for urgent solutions to be mobilized following adequate awareness and appreciation of the challenges.
Speaking at the inaugural meeting of the committee at the National Assembly, Onuigbo said given the multifarious nature of climate change, it requires a multi-stakeholder approach in seeking and implementing solutions, one of which is the establishment of a special fund.
He said: “Essentially, the participatory requirement for climate change management may not be solved by new and dedicated institution but by new partnership and financing mechanisms. An innovative solution might be the creation of a National Climate Fund to finance new partnerships and initiatives that will lead to fulfilling Nigeria’s intended commitment to climate change management.”
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