President Tinubu Returns From Dubai Where He Attended Cop28 Climate Summit
President Bola Tinubu has returned to Abuja after a successful outing will, in the United Arab Emirates, where he participated in the just concluded COP28 Climate Summit, also known as the 28th United Nations Climate Change Conference, or Conference of the Parties of the UNFCCC (COP28).
At the World Leaders' Summit, which toik place on December 1 and 2, 2023, under the theme, "Unite, Act, and Deliver," President Tinubu delivered a national statement, highlighting Nigeria’s stance on various thematic issues, including renewable energy and climate financing.
Mindful of the severe impact of climate change on Nigeria, such as desertification, flooding, erosion, drought, and national security risks arising therefrom, President Tinubu maximized 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 localized initiatives to address climate change-related challenges.
The President’s message also focused on holding businesses and institutions accountable, reflecting Nigeria’s dedication to sustainable and responsible practices.
The Nigerian delegation to COP28 also actively explored 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 actively participated in key sideline events, which further supported the advancement of 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.