Climate change: Africa to benefit from AFDB $50 billion in 10 yrs


Akinwumi Adesina
By Chris Suleiman, Abuja
Africa Development Bank (AFDB) has said that Africa has been able to access only four per cent of global resources to combat climate change, assuring that the bank would invest $5billion yearly spanning a period of ten years  in a bid to ensure that the continent is in compliance with the Paris declaration on Climate Change.
AFDB made this declaration Tuesday in Abuja during a round table discussion titled “Pursuing a legislative Agenda to enhance Nigeria’s Climate Change, organized by the House of representative.
“Africa has been able to  access only four per cent of global resources for climate change. AFDB invested $7billion to address climate change issues in Africa and has set up other resources to combat climate change. The bank is committed to spending $5billion a year in Africa for the next ten years”.
Also.  stakeholders were also informed that Nigeria needs $14 billion to restore lake chad from the devastating effect of climate change.
AFDB also pledged its commitment to light up Africa in the next 10 years through sustainable food security, integrate Africa with 2percent increase in resources, industrialist Africa and improve the quality of lives of Africans.
The President of AFDB, Dr. Akinwumi Adesina who was represented by the AFDB Head of Climate Change Anthony Iyong maintains that climate change is a big threat to the world in general and Africa in particular.
He said, ” Climate change is a real threat to the continent and will cost Africa seven per cent of her gross domestic product GDP”.
The AFDB informed stake holders the a lot of funding have been made available to fight climate change, adding that Africa due to one reason or the other have not been able to tap the resources.
The bank boss challenged the lawmakers to come out with policies that will support the implementation of AFDB agenda adding that due to the harsh climatic situation in Africa, about 3,500 Africans are at the bottom of the Atlantic Ocean trying to cross over to Europe while 53 per cent of African population are without access to energy.
“Private sector need to come in but they do not go to where resources abound, they go to where policies are in place and that is where the National Assembly come in.”
While declaring the session open, the Speaker of the House of Representative, Hon. Yakubu Dogara who was represented by the House Committee Chairman on Public Safety, National Security and Intelligence, Hon. Aminu Jaji said that incessant security challenges in the country including the Fulani herdsmen/farmers clash, desertification, persistent flooding, lack of energy are consequent of climate change.
The Senate President, Bukola Saraki who was represented by Senator Bukar Abba Ibrahim revealed that in 1989, the size of lake chad was 69,000 sqm while as at 2016 it has shrunk to 25,000sqm, loosing 90 percent of its size in 47 years due to climate change. He revealed that Nigeria needs about $14 billion to restore lake chad which has been devastated by climate change.
The chairman of the session who was also the Chairman House committee on Climate Change, Hon. Sam Onuigbo said that Nigeria cannot but realize the devastating effect of climate change on man and the environment.
He said, “Following the agreement in Paris, every UNFCCC member including Nigeria, is expected to ratify the Paris agreement and initiate programme to actualise NDCs. Nigeria intends contributions target of 20-45percent reduction in emission between 2015 and 2030”.
The United Nations Development Programme UNDP representative, Dr. Zeblon Siphon Takwa called for more commitment on green economy so that humans can live a better life. He further called for green industrialization, new jobs with sustainable controlled production and consumption.
The minister of environment, Amina Mohammed said that the National Assembly must come out with proper legislation and oversight since life cannot exist outside the environment.
“There is a world as it is and a world as it should be and the gap in between is what we are trying to close. Everyone of the issue in conflict is a vibrant issue to the environment and that is why we are here to find a solution. There is no economy that is sustainable if it is growing without its people”
She pledged the commitment of the Ministry of Environment to empower people, insisting that all the deliberation will come to nothing if the implementation is not vigorously pursued.
The round table was attended by the Ministry of Environment, National Environmental Standards and Regulatory Enforcement Agency NESREA, Kleen Foundation, One World South Africa and other stake holders.


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