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CLIMATE CHANGE

The Federal Government says desertification and land degradation are threatening the livelihoods of over 40 million Nigerians and have already impacted 43% of the country’s total landmass, approximately 923,000 square kilometres. 
The Sokoto State Government has announced plans to plant one million trees across strategic locations this year as part of its ongoing efforts to combat desertification, land degradation, and the effects of climate change. 
The Stakeholder Democracy Network (SDN), in partnership with the National Council on Climate Change (NCCC), has begun implementing Monitoring, Reporting, and Verification (MRV) systems to address emissions in Nigeria. 
President Bola Tinubu has announced the creation of the National Engineering and Innovation Fund at the 2024 International Engineering Conference, Exhibition, and Annual General Meeting of the Nigerian Society of Engineers (NSE) in Abuja aimed at developing engineering innovation and entrepreneurship in Nigeria. 
Aliko Dangote, CEO of Dangote Refinery, shared his perspective on the shift from fossil fuels to renewable energy, noting that a complete transition away from oil will take considerable amount of time.  
Renewable energy technologies are becoming increasingly cost-effective, making them a more attractive option for reducing energy costs.
Greenwashing is the process of conveying a false impression or misleading information about how a company’s products are environmentally sound.
Aside from being one of the factors investors are now looking at, Salau said companies that pay attention to climate change also attract customer loyalty.
Mrs. Pearl Uzokwe, Director of Catalyst 2030, has stated that Nigerian businesses can benefit from international partnerships by leveraging valuable climate change data collected by international organizations to inform decision-making and gain business advantages. 
The Chief Executive Officer of EnvAccord Limited, Mr. Ibrahim Salau, has said that stakeholders in Nigeria’s agricultural sector will need to collaborate on building data to tackle the impacts of climate change on the sector.  
UK Pledges €6.6 Million For 50 Green Investment Projects to Battle Climate Change in Kenya
Acre Impact Capital seeks to invest in Africa's climate infrastructure by raising $100 million and partnering with Export credit agencies and other financial lenders