President Muhammadu Buhari has pledged that Nigeria will reduce its emissions to net-zero by 2060.
Garba Shehu, a spokesman for the president in a statement, said Buhari revealed this during his national statement at the COP26 leaders’ summit in Glasgow, Scotland on Tuesday.
The President said that achieving national and global climate change goals will require adequate and sustained technical and financial support to developing countries.
He said more efforts should be made to help developing countries meet their “ nationally determined contribution (NDC) commitments through pledges by developed countries to provide at least $ 100 billion. per year”.
President Buhari noted that easier access to climate finance has become imperative given the COVID-19 pandemic, which has really hit the economies of developing countries.
“I don’t think anyone in Nigeria needs to be persuaded of the need for urgent action on the environment.
Desertification in the north, flooding in the centre, pollution and erosion on the coast are sufficient proof of this.
For Nigeria, climate change is not about the perils of tomorrow but what happens today. Nigeria is committed to achieving net-zero by 2060. ”
While advocating for a gas-based energy transition in Nigeria, President Buhari called on international partners to fund projects using transitional fuels such as gas in Nigeria.
The parties to the Paris Agreement should switch from fossil fuels to clean energy and achieve a Net Zero ambition on greenhouse gas emissions.
Nigeria is actually more of a gas-producing country than an oil-producing country.
” As a result, I seek funding for projects using transitional fuels, such as gas.
Nigeria has energy challenges where we believe gas can be used to balance a system based on renewable energy, be it wind or sun.
“This would allow us to initiate long-term renewable energy infrastructure purchases and the investments needed to have a sustainable energy supply,” he added.
While acknowledging that net-zero ambition can lead to economic transformation across all sectors, the Nigerian leader said this would require building critical infrastructure.
President Buhari also told the COP26 Leaders Summit that Nigeria has developed a comprehensive energy transition plan and roadmap based on data and evidence.
He explained that the plan had highlighted some key facts that force difficult conversations.
“Our transition plan also highlights the key role gas will play in transitioning our economy across sectors, and the data and evidence show that Nigeria can continue to use gas until 2040 without harming objectives of the Paris Agreement.
“Gas will be essential in meeting the challenge of clean cooking, which is also a challenge of deforestation, and in giving our electricity grid the stability and flexibility needed to integrate renewables on a large scale.
“Nigeria will need to integrate an unprecedented additional renewable capacity of 7 GW each year to reach net zero,” he said.
On energy access, President Buhari said Nigeria’s commitment to a just transition is reflected in “our ambitious energy contract, which includes the government’s flagship project to electrify five million homes. and 25 million people using decentralized solar energy solutions ”.
He described the project as a major first step towards reducing the country’s energy access deficit by 2030.
On green projects in the county, the president said federal government agencies had been tasked with ensuring the inclusion of projects with climate change credentials in the budget.
“I am happy to say that the 2022 budget, which I recently submitted to our National Assembly, is the first intersectoral, gender and climate-sensitive budget ever prepared in the annals of our history,” he said. for follow-up.
The president announced that the National Assembly had also passed the climate change bill.
According to him, the bill provides a framework for achieving low greenhouse gas emissions, inclusive green growth and sustainable economic development.
President Buhari concluded his address with a note of caution by saying:
” The outcome of this conference must lead to a swift resolution of all outstanding issues regarding the finalization of the Paris Agreement settlement, adaptation, mitigation, finance, article 6 and losses and damage.”