Nigeria has called for a $1 trillion annual climate finance fund for developing nations, emphasizing the urgent need for equitable global financial systems to address the growing burden of climate change, debt distress, and economic instability in the Global South. The call was made by the leader of the Nigerian delegation, Dr. Umar Ahmed Dunoma, Permanent Secretary, Ministry of Foreign
Continue ReadingFinancing aviation decarbonisation is emerging as one of the most contentious issues ahead of ICAO Aviation Climate Week 2026. While developed countries are investing billions in hydrogen propulsion research and next-generation aircraft technology, African carriers are still grappling with high operational costs and currency volatility. The ICAO Finvest Hub, expected to feature prominently at the Montréal summit, aims to unlock
Continue ReadingThree decades after the landmark 1995 World Summit for Social Development in Copenhagen, the global community will reconvene this time in Doha, Qatar, from November 4 to 6, 2025 for the Second World Summit for Social Development, under the theme “Accelerating Social Progress and Inclusion for a Sustainable Future.” The Summit, convened by the United Nations General Assembly through Resolutions
Continue ReadingNigeria is intensifying efforts to secure climate finance and strengthen its clean energy transition as the country prepares for COP-30, the Director-General of the National Council on Climate Change (NCCC), Mrs. Omotenioye Majekodunmi, has said. Speaking to DA News after returning from the just-concluded African Climate Summit 2 in Addis Ababa, Majekodunmi noted that the $100 billion financing pledge announced
Continue ReadingActionAid International has criticised world leaders for making weak climate commitments at the United Nations Secretary General’s Climate Ambition Summit in New York, saying the pledges, especially from the Global North, fall short of what is required to avert worsening climate disasters. The summit, which brought together governments including China and the European Union, saw countries outline their Nationally Determined
Continue ReadingNigeria has officially submitted its updated climate action plan, known as the Nationally Determined Contribution (NDC 3.0), to the United Nations Framework Convention on Climate Change (UNFCCC) Secretariat in Bonn, Germany, in line with its commitment under the Paris Agreement. The announcement was made today by the UN Executive Secretary for Climate Change, Simon Stiell, who described Nigeria’s submission as
Continue ReadingNigeria has announced a bold move to unlock climate finance using innovative guarantee instruments and domestic resource mobilisation, as part of its strategy to confront the growing climate crisis facing Africa. Speaking on the sidelines of the just-concluded African Climate Summit 2 in Addis Ababa, Ethiopia, the Permanent Secretary of the Federal Ministry of Solid Minerals Development, Engr. Faruk Yabo
Continue ReadingNigeria has taken centre stage in Africa’s renewed push to unlock large-scale climate finance through guarantees, positioning itself as a continental leader in driving innovative financing tools for the green transition. This came at a high-level side event during the just-concluded African Climate Summit in Addis Ababa, themed “Scaling Climate Finance in Africa – Bridging Risk and Investment through Guarantees”.
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The UN humanitarian agencies have said that no fewer than 60 million people in the Horn of Africa were in urgent need of humanitarian assistance. The World Health Organisation’s (WHO) incident manager
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The value of Nigerian soya beans in the global market has reached N462.2 billion ($ 1.18 billion) due to huge production which has led to the exportation of the according to recent
A new report from the UN Climate Change shows that countries are bending the curve of global greenhouse gas emissions downward but underlines that these efforts remain insufficient to limit global temperature
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Dare Akogun is a media innovator, strategic communication professional, and climate and energy transition journalist with over 11 years of impactful contributions to the media industry.