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Funding Renewable Energy projects In Nigeria - Beyond A COP 26 Postscript
- Greatness Washington
- May 8, 2023
- 1 min read
Funding Renewable Energy projects In Nigeria:
Climate finance is necessary for mitigation and adaptation in tackling climate change.
There is a need to consider how emissions can be reduced and how there can be adaptations to the consequences of climate change. Both are capital intensive. At COP 21 (Paris 2015), the central decision was to keep the global rise in temperature in check by adopting the 1.5̊°C threshold. It was also clear that such an important ambition would only materialize if practical measures were put in place. Therefore, finance, technology, and capacity-building support form a major tripartite structure that is critical to strengthening the developmental relationships between countries divided by wealth
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