ADVERTISEMENT
  • The Membership Club
  • PT Hausa
  • About Us
  • Advert Rates
  • Careers
  • Contact Us
Tuesday, January 19, 2021
Premium Times Nigeria
  • Home
  • COVID-19
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Opinion
  • Health
    • News Reports
    • Investigations
    • Data and Infographics
    • Health Specials
    • Features
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Research & Innovation
    • Data & Infographics
    • Special Reports/Features
    • Investigations
    • Interviews
    • Markets
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • Parliament Watch
    • Panama Papers
    • Paradise Papers
    • AGAHRIN
  • Home
  • COVID-19
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Opinion
  • Health
    • News Reports
    • Investigations
    • Data and Infographics
    • Health Specials
    • Features
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Research & Innovation
    • Data & Infographics
    • Special Reports/Features
    • Investigations
    • Interviews
    • Markets
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • Parliament Watch
    • Panama Papers
    • Paradise Papers
    • AGAHRIN
Premium Times Nigeria
BUA Group Ad BUA Group Ad BUA Group Ad
ADVERTISEMENT
Finance Minister, Ngozi Okonjo-Iweala

Ngozi Okonjo-Iweala

Global economy can reap $26trn by fighting climate change – Okonjo-Iweala

byAgency Report
September 6, 2018
2 min read

A former finance minister of Nigeria and Co-Chair of the Global Commission on the Economy and Climate, Ngozi Okonjo-Iweala, says fighting climate change can add $26 million to the world economy by 2030.

Mrs Okonjo-Iweala stated in New York that addressing climate change issues could generate more than 65 million new low-carbon jobs and avoid more than 700,000 premature deaths from air pollution.

Speaking at the 2018 Global Commission Report Launch at United Nations Headquarters, the former Nigerian minister said there was nothing to fear and everything to gain from combatting climate change.

She noted that “we are at a unique ‘use it or lose it’ ” moment.

“Policy makers should take their feet off the brakes, send a clear signal that the new growth story is here and that it comes with exciting economic and market opportunities.

“US$26 trillion and a more sustainable planet are on offer if we act decisively now,” she said.

Mrs Okonjo-Iweala’s statement formed part of the report by the Global Commission on the Economy and Climate, a body made up of former heads of governments and business and financial experts.

The report urges governments to act in the next two to three years across the five economic sectors of energy, cities, food and land use, water and industry.

UN Secretary-General Antonio Guterres, at the launch of the 2018 New Climate Economy report, said greater ambition, urgency and action, were needed if greater climate-related crises were to be prevented

RelatedNews

COVID-19: Nigeria releases N10 bn for vaccine production

Nigerian governor, who lied about COVID-19, discourages vaccine use

Court wades into crisis rocking Nigerian writers’ union

26 killed in Katsina, Zamfara attacks

Mr Guterres said that momentum for climate action was growing every day, with over 130 of the world’s most influential companies now committed to using only renewable energy.

According to him, fossil fuel-dependent countries are looking to diversify, and over 250 investors with $28 trillion in managed assets sign on to the Climate Action 100+ initiative.

Mr Guterres said clean energy systems helped developing countries, where over one billion people still did not have access to electricity,” adding “it can help deliver access to energy to the one billion people who currently lack electricity”.

Dangote adbanner 728x90_2 (1)

Underlining the risks faced by the world, the UN chief said that climate change is “running faster than we are.”

The UN chief regretted that women, the poorest and the most vulnerable, are hit first and worst by storms, floods, droughts, wildfires and rising seas.

Mr Guterres said the last 19 years included 18 of the warmest on record, adding that greenhouse gas concentrations in the atmosphere continued to rise.

According to him, there is still a significant gap between national commitments to lower emissions, and actual reductions.

Nicholas Stern, Economics and Government Professor at the London School of Economics, who also Co-Chairs the Global Commission, said “we know we are grossly underestimating the benefits of this new growth story.

“And further, it becomes ever more clear that the risks of the damage from climate change are immense, and tipping points, irreversibilities, getting ever closer,” he stressed.

ADVERTISEMENT

(NAN)

  • WhatsApp
  • Tweet
  • Email
  • Print
  • Telegram
  • More
  • Share on Tumblr
  • Pocket

Support PREMIUM TIMES' journalism of integrity and credibility

Good journalism costs a lot of money. Yet only good journalism can ensure the possibility of a good society, an accountable democracy, and a transparent government.

For continued free access to the best investigative journalism in the country we ask you to consider making a modest support to this noble endeavour.

By contributing to PREMIUM TIMES, you are helping to sustain a journalism of relevance and ensuring it remains free and available to all.

Donate


TEXT AD: To advertise here . Call Willie +2347088095401...


JOIN THE CONVERSATION

  • Disqus (2)
premiumtimes



PT Mag Campaign AD

Previous Post

BUA Group to establish cement factory in Ebonyi

Next Post

Buhari keeps mum on ministers hijacking railway scholarship while meeting students in China

Agency Report

Agency Report

More News

Director-General of the National Primary Health Care Development Agency, NPHCDA, Faisal Shuaib.

Nigerian govt debunks COVID-19 vaccines conspiracy theory

January 18, 2021
Festus Kenyamo

Buhari appoints acting head of NDE

January 18, 2021
Babangida Aliyu

Court reverses transfer of ex-governor Aliyu’s N1.9bn trial to new judge

January 18, 2021
Reasons Marwa rejected Adamawa polls

NDLEA: Marwa resumes as chairman, silent on 5,000 shortlisted job seekers

January 18, 2021
Former President Goodluck Ebele Jonathan at the Osasu Show Symposium. [PHOTO CREDIT: Official Twitter handle of TOS]

Jonathan’s mission to The Gambia unites parties – Official

January 18, 2021
Civil-Defence

Civil defence gets acting commandant-general

January 18, 2021
Next Post
President Muhammadu Buhari in China with transport minister Rotimi Amaechi with scholarship students of the Chinese Civil Engineering Construction Corporation (CCECC). [PHOTO CREDIT: Official twitter handle of the presidency]

Buhari keeps mum on ministers hijacking railway scholarship while meeting students in China

NIGERIA: Nigerian police force

Police officer beheaded in Jos

Discussion about this post

Search

#EndSARS: Latest Updates




Polaris Bank


JAIZ Ad


NITDA Ad




Advertisement






netherland biz school Advert

Zenith Advert

Heritage Advert
ADVERTISEMENT

Our Digital Network

  • PT Hausa
  • Election Centre
  • Human Trafficking Investigation
  • Centre for Investigative Journalism
  • National Conference
  • Press Attack Tracker
  • PT Academy
  • Dubawa
  • LeaksNG
  • Campus Reporter

Resources

  • Oil & Gas Facts
  • List of Universities in Nigeria
  • LIST: Federal Unity Colleges in Nigeria
  • NYSC Orientation Camps Address Nationwide
  • Nigeria’s Federal/States’ Budgets since 2005
  • Malabu Scandal Thread
  • World Cup 2018
  • Panama Papers Game
  • Our Digital Network
  • About Us
  • Resources
  • Projects
  • Data & Infographics
  • DONATE

All content is Copyrighted © 2020 The Premium Times, Nigeria

No Result
View All Result
  • Home
  • COVID-19
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Health
    • News Reports
    • Investigations
    • Data and Infographics
    • Health Specials
    • Features
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Research & Innovation
    • Data & Infographics
    • Special Reports/Features
    • Investigations
    • Interviews
    • Markets
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • Panama Papers
    • Paradise Papers
    • Parliament Watch
    • AGAHRIN
  • Opinion
  • PT Hausa
  • The Membership Club
  • Dubawa
    • Dubawa NG
  • About Us
  • Advert Rates
  • Careers
  • Contact Us
  • Digital Store
  • DONATE

All content is Copyrighted © 2020 The Premium Times, Nigeria

Our website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
loading Cancel
Post was not sent - check your email addresses!
Email check failed, please try again
Sorry, your blog cannot share posts by email.