President Bola Tinubu will, on Wednesday, depart Abuja for Dubai, United Arab Emirates, to attend the Conference of Parties (COP) 28 Climate Summit, also known as the 28th United Nations Climate Change Conference, or Conference of the Parties of the UNFCCC (COP28).
In a statement seen by BusinessDay, the president will deliver a national statement, highlighting Nigeria’s stance on various thematic issues, including renewable energy and climate financing at the World Leaders’ Summit, which takes place on December 1 and 2, 2023, under the theme, “Unite, Act, and Deliver.”
According to the statement, President Tinubu will maximise the opportunity afforded by the platform to advocate increased financial and technical support for developing nations, while reminding developed countries of their public pledge to provide $100 billion annually for support to localised initiatives to address climate change-related challenges on the back of the severe impact of climate change on Nigeria, such as desertification, flooding, erosion, drought, and national security risks arising from there.
“The president’s message will also focus on holding businesses and institutions accountable, reflecting Nigeria’s dedication to sustainable and responsible practices.
“The Nigerian delegation to COP28 will actively explore establishing new and deeper bilateral partnerships to implement Nigeria’s Energy Transition, Article 6 Projects, Internationally Transferred Mitigation Outcomes (ITMOs), Technology Transfer, Capacity Building, and Methane Mitigation.
“While in Dubai, President Tinubu will actively participate in key sideline events, which will further support his avowed commitment to aggressively attract foreign direct investment for enhanced wealth creation and revenue expansion in the country, in addition to other events hosted by the Nigerian delegation.”
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According to the statement, the president, whom senior government officials will accompany, is expected to return to Abuja at the conclusion of the summit.
COP28 starts on Thursday, November 30, and concludes on Tuesday, December 12, 2023.