President Bola Tinubu Advocates African Cooperation for Green Economy

President Bola Tinubu has emphasized the necessity of partnership and a cooperative approach among African countries to achieve a new green economy.

In a CNN Op-Ed piece, he highlighted his concerns about security, human displacement, environmental deterioration, and other side effects of climate change during the COP28 World Climate Action Summit in Dubai, UAE.

Tinubu acknowledged the significant challenges Nigeria has faced, including the COVID-19 pandemic, short-term economic changes, and ongoing currency unification.

Despite these hurdles, he asserted the country’s unwavering commitment to rebuilding a stronger and cleaner economy.

“To uphold our legally binding commitment to a cleaner world, Nigeria launched the Nigerian Carbon Market Initiative at COP28 by joining the African Carbon Market Initiative,” he stated.

Reiterating his position on the injustice within the current economic system, President Tinubu emphasized that emerging countries bear disproportionate consequences despite contributing minimally to the problem.

He stressed the need for a fair and cooperative approach, stating that African countries cannot tackle climate change alone.

President Tinubu criticized developed countries for resisting necessary actions for too long and urged a collective effort.

He highlighted Nigeria’s vigorous pursuit of utilizing wind and solar resources while acknowledging the difficulty in transitioning away from fossil fuels, which currently dominate the country’s economy.

Tinubu also mentioned potential support from external initiatives, citing the European Union’s Global Gateway program and the United States Government’s Build Back Better World initiative as possible resources to aid Nigeria’s endeavors in transitioning to cleaner energy.