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SPEECHES
September 16, 2020
GCA Africa Partnership Forum

Honourable Minister of State Environment, Barr. Sharon Ikeazor, Remarks at The Virtual High-Level Launch GCA Africa Partnership Forum

Your Excellencies, Distinguished Ladies and Gentlemen. All protocols observed.

I am delighted to be part of this launch for Africa’s journey towards climate change resilience.

It is worthwhile to state here that one of the cardinal objectives of this present administration is to tackle the issue of climate change as unveiled by President Buhari in his inauguration speech in 2015. In achieving this objective, Nigeria prepared its Nationally Determined Contribution (NDC) in the same year it pledged to reduce Greenhouse Gas (GHG) emission by 20% unconditionally and a further 45% with international support (conditional).

As you may all know, our NDC was submitted to the United Nations Framework Convention Climate Change (UNFCCC) at COP 21 in Paris in 2015. This led to the adoption of the Paris Agreement which has been domesticated and ratified by the country. Consequently, we have developed Sectoral Action Plans which include Agriculture, Power, Oil & Gas, Transport and Industry.

We have also made efforts with regards to Adaptation action by developing a National Adaptation framework. We submitted a Readiness Support Proposal to the Green Climate Fund (GCF) to advance our National Adaptation Plans (NAPs). This was approved. Towards, generating domestic climate finance we have issued two Green Bonds. Adaptation projects are among those the Bonds fund.

More adaptation-oriented action include the approval of our climate change and gender action plan. We plan to carry out include Vulnerability Mapping & Assessment for Nigeria. The objective of the assessment is to identify vulnerabilities and fashion out appropriate adaptation strategies for them.

Alongside the work of my ministry of Environment, the Ministry of Humanitarian Affairs, Disaster Management & Social Development has been created by Mr. President to address emergencies that arise as a result of climate change impacts. We know there is room for improvement.

Once again, I wish to remind us all to use this platform to catalyze the much needed adaption action, chart and pursue a definite course for securing regional and global financial support for those actions for Africa.

Basically we expect AfDB/GCA can help the continent by providing technological and technical strengthening to countries. Of course alongside facilitating access to “means of implementation”. We are open to partner on improving and expanding our Green Bond instruments, gender and youth inclusion in climate action.

The AfDB/GCA can do the following for the continent;

* Enable countries do ecosystem valuation which gives a fiscal contribution of Adaptation projects and enable buy-in by governments and communities;

* enabling the development and establishment of sustainable carbon markets in the region;

* Provide national and regional platforms to build capacities to bridge the technology and financial gaps, to develop impactful adaptation projects;

* match-make country projects with available funding; among other.

I appreciate this opportunity to give a remark at this occasion.

Thank you. Merci beaucoup. Obrigado.

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