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Home Business & Finance Business Sustainability

FG to mitigate climate impacts, promote sustainable development – Minister

Freelanews by Freelanews
June 11, 2024
in Sustainability
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The Federal government is committed to global efforts aimed at mitigating climate impacts and promoting sustainable development.

The Minister of Environment, Balarabe Abbas Lawal, disclose this in his address at the 4th Nations International Conference on Small Island Developing States held at Antigua and Barbuda While representing the President Bola Ahmed Tinubu

Also read : Climate: Dangote Group reaffirms commitment to sustainability

 

The theme of the Conference “Charting the Course Toward Resilient Prosperity,” “we must remind ourselves of the collective responsibility to support the sustainable development of small island nations that face unique and devastating challenges.

According to him, despite contributing less than one 1% of global greenhouse gas emissions, these nations suffer disproportionately from the impacts of climate change resulting to rising sea levels, increased frequency of extreme weather events, and the degradation of marine ecosystems.

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Lawal emphasize that these factors pose existential threats to the livelihoods and cultures of millions of people in these region. Innovative adaptation strategies as well as robust international support and partnerships are essential to enhance and build resilience in these vulnerable islands.

He noted that Nigeria stands in solidarity with SIDS and other nations to facilitate knowledge exchange and capacity-building initiatives.

“The challenges faced by small island developing states are a reflection of broader global issues that require collective action. “We are also advancing the broader agenda of sustainable development and environmental stewardship.

He explained that SIDS have the potentials to take a lead in defining models of sustainability and human well-being whilst moving towards a Green Economy.

The federal government has addressed environmental issues such as pollution and flooding in our major island in Lagos state by establishing and empowering Government Ministries and Agencies that are related to environment to implement robust waste management programmes.

“We must collaborate with SIDS and prioritize investments in climate resilience infrastructure which includes building sea defenses, developing early warning systems, and implementing sustainable land and water management practices.

“The economic vulnerabilities of SIDS are exacerbated by their heavy reliance on tourism and external markets. Diversifying their economies through the promotion of sustainable industries, such as renewable energy, fisheries, and agriculture, can create more resilient economic structures,’ he stressed.

The Minister further states that we must advocate for tailored financial mechanisms that recognize the unique circumstances of SIDS and provide them with the fiscal space needed to invest in sustainable development and create more climate resilient environment.

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