Loss and Damage Fund Pledges Hits $456M as COP28 Kicks off in Dubai
This L & D fund purse which has been on the conversation table since the 1990’s finally reached a significant milestone on the first day of COP.
…first in sustainability reporting
This L & D fund purse which has been on the conversation table since the 1990’s finally reached a significant milestone on the first day of COP.
In a bid to rectify past mistakes and ensure a stronger focus on human rights and climate justice, African leaders are gearing up for the much-anticipated Conference of the Parties (COP28) to the UNFCCC in Dubai. This follows the inaugural Africa Climate Summit where the Nairobi Declaration on Climate Change and Call to Action fell […]
As global methane emissions continue to rise, African policymakers, ahead of COP28, are calling for a transformative approach to finance methane reduction initiatives across the continent. The call for action was emphasized during a high-level panel titled “Financing Methane Action in Africa”, organized by AfriCatalyst, a leading global development advisory firm. The African Development Bank […]
In the heart of Nigeria, a silent epidemic is ravaging the lives of its people, especially its youth. Drug abuse, once hidden in the shadows, has emerged as a grim reality in Northern Nigeria. With its roots sinking deep into society, drug addiction is altering the futures of many, leaving no one untouched. A report […]
In a world grappling with the pressing issue of climate change, the continent of Africa stands at a critical crossroads. Despite contributing less than 4% to global greenhouse gas emissions, African nations bear the brunt of its devastating impacts, including floods, droughts, and heatwaves. The need for climate finance to adapt and mitigate these challenges […]
Climate change is a global challenge that affects every country, but it disproportionately impacts developing countries like Nigeria. The country has experienced the effects of climate change in the forms of threatened agriculture and food security, water stress, floods, droughts, rising sea levels and stressed ecosystem. From rising sea levels in the south to desertification […]
The finance concept of debt-for-nature swap has become increasingly popular in the past year as countries are looking for ways to simultaneously reduce their debts and preserve their environment. This concept was first implemented in 1987 as a swap between Bolivia, Costa Rica, Ecuador, and the NGOs in the United States. The swap was a […]
Nigeria is one of the most populous countries in Africa with over 200 million people. The country is blessed with vast resources and faces numerous challenges in achieving a sustainable development and combating climate change. However, these challenges present ample opportunities, particularly in its carbon markets. The good side of the current global challenge is […]
In a report from the Control of Budget, it has been unveiled that government county officials across Kenya have spent a staggering Ksh 17.5 billion on travel in the fiscal year ending June 2023. This sizeable sum is divided into domestic travel within the counties, amounting to Ksh 15.3 billion, and foreign travel, which accounted […]
Fuel consumption in Kenya has dropped to its lowest levels in over five years, excluding the Covid-19 pandemic period, as the high pump prices have deterred motorists and kept vehicles off the road. Official data reveals a sharp decline in the consumption of super petrol, dropping by five percent to 1.01 billion liters from 1.074 […]