Nigeria Working to Achieve 30% Renewable Energy Mix By 2030 – Buhari
President Muhammadu Buhari on Monday in New York unfolded plans and initiatives by his administration to reverse the negative effects of climate change in the country.
Buhari unveiled the plans in his address to the United Nations Climate Action Summit with the theme: “A Race We Can Win. A Race We Must Win.”
The president, who shared the sentiment expressed by the UN Secretary-General António Guterres that the world is on the verge of climate catastrophe, said climate change is a human-induced phenomenon.
He underscored the need to step up collective climate actions in line with the request of the Secretary General and renewed Nigeria’s commitment to its obligation under the Paris Agreement, the aspirations enshrined in Nationally Determined Contribution (NDC) to ensure a resilient future that mainstreams climate risks in its decision making.
Buhari said Nigeria would develop a more robust sectorial action plan and expand the scope of her Sovereign Green Bonds in line with intended upward review of NDC towards the inclusion of the water and waste sectors by 2020.
In the water sector, the president said the country would issue a Green Bond for irrigation and construct multi-purpose dams for power, irrigation and water supply and strengthen solid and liquid waste management systems to attract more private sector investors.
He expressed commitment to take concrete steps to harness climate innovative ideas by including youths in decision making processes as part of over-all climate governance architecture and mobilize Nigerian youths towards planting 25 million trees to enhance Nigeria’s carbon sink.
In the energy sector, the president said the country was presently diversifying its energy sources from dependence on gas-powered system to hydro, solar, wind, biomass and nuclear sources.