Browsing: Climate

In order to appear as protecting the interests of Africa and third world economies, the advanced and industrialised capitalist countries, through the multilateral organisations they control, came with the idea of climate finance support for African countries and other low income countries, who cannot bear the cost of climate change adaptation and mitigation. Therefore, they present Africa as a beggar continent to be helped, while they are benevolent nations. This is not different from existing arrangement in global political economy, where third world, whose economies have been plundered for decades, are presented with token, not as a compensation, but as a gift to ameliorate their backwardness. However, several research works have shown that these so-called supports end up worsening the already bad conditions of African countries.

Nigeria has been on the forefront of an international advocacy questioning the planned defunding of gas projects as one of the moves towards achieving net-zero emissions. Now, the continent-wide Africa Development Bank, AfDB, has thrown its weight behind the clamour during a meeting last week between Nigeria’s Vice President, Prof. Yemi Osinbajo, SAN, and a delegation of the bank. So also did a team of US experts recently in a widely published article.

The event which held in Lagos recently was put together by Seagull Band, one of the five bands of the Carnival Calabar at a symposium titled: “An evening of lecture and stage presentation of the Seagull winning theme of the 2016 Carnival Calabar” edition which dwelt extensively on climate change and the need for an affirmative action to manage the environment on a sustainable basis.