COP28: Okonjo-Iweala urges FG to grab investments from climate funds

COP28: Okonjo-Iweala urges FG to grab investments from climate funds

The Director-General of the World Trade Organisation (WTO), Ngozi Okonjo-Iweala, has urged the Federal Government of Nigeria to grab the investments from the climate funds.

Okonjo-Iweala made this call on Friday at the ongoing 28th meetings of the COP28 in Dubai, the United Arab Emirates, and suggested that Nigeria as a country needs to commence serious work on its Energy Transition Plan (ETP).

She said this after different countries made climate commitments following her address to the world leaders who are participating in the World Climate Action Summit.

According to Okonjo-Iweala, Nigeria has a comparative advantage in attracting and harnessing potential investments in the wake of the funds being pledged at the United Nations Conference of the Parties (COP28).

“This is the time for us (Nigeria) to harness the investments that are potentially out there. We must grab a slice of that $100 million…
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