Nigeria receives only 4% of needed climate finance annually - Report
submitted 12 months ago by uzong
submitted 12 months ago by uzong
- A recent report showed that Nigeria only receives 4% of the $17.7 billion it needs each year to tackle climate change impacts, with most of the funding coming in the form of loans, increasing the country's debt burden.
- The report emphasized the urgent need for more grants for climate action, improved tracking of climate budgets at the local level, and empowering local communities to enhance their climate resilience.
Advertisement
No comments yet
Be the first to share your opinion!