Protocol:
- Your Excellency, Joe Biden, President of the United States of America,
- Excellencies, Heads of State and Government
- Distinguished Ladies and Gentlemen
Let me begin by thanking Your Excellency, the President of the United States of America, Joe Biden, for convening this important event which is crucial to the wellbeing of our national economies as well as our continued existence on the planet.
2. Permit me to also thank other members of the Major Economies Forum for Energy and Climate Change for their commitment to climate action, particularly the consensus on the deployment of clean energy technologies at the lowest possible cost; and establishment of the Global Partnership to drive transformational progress across the globe.
3. It is our fervent hope and expectation that the partnership will be vigorously pursued in order to mitigate the consequential adversities of climate change on our environment.
Your Excellencies,
4. The bad effects of climate change are disastrous to humanity, considering the magnitude of environmental destruction and its negative impacts on our respective countries.
5. In Nigeria, we have witnessed several environmental challenges including creeping land degradation, desertification and drought in the northern part, wanton deforestation, land encroachment, invasion of coastal lines, biodiversity loss, flooding and coastal erosion in the Southern region of our country.
6. These developments reinforce Nigeria’s commitment to the United Nations Framework Convention on Climate Change geared towards the stabilization of greenhouse gas concentrations in the atmosphere at a level that would prevent dangerous anthropogenic consequences and to the rules of the 2015 Paris Agreement.
7. In fulfillment of our commitment to the Glasgow Climate Pact, I signed the Nigerian Climate Change Bill on 18 November 2021. The Climate Change Act provides a legal framework for achieving low Greenhouse Gas emissions while ensuring green and sustainable economic growth.
8. The Act will support and enable the implementation of national climate actions, including accessing climate finance and carbon trading that will enable reduction in greenhouse gases that are contributory factors to climate change and its attendant effects.
9. We have submitted an updated Nationally Determined Contribution to the UN Framework Convention on Climate Change which replaced the interim NDC that was submitted on 27 May 2021.
10. Our updated NDC includes the waste sector which is expected to contribute to the reduction of Nigeria’s Greenhouse Gas emissions. This development raised an additional two per cent to the Nationally Determined Contribution from 45 per cent to 47 per cent conditionally and 20 per cent unconditionally below business-as-usual.
11. Other action plans that are inherent in our NDC include;
a) elimination of kerosene lighting by 2030,
b) increase in the use of bus rapid transit as a means of transportation for the general public,
c) a 50 per cent reduction in the fraction of crop residues burnt by 2030,
d) implementation of forest programmes
e) initiatives to deliver 20 per cent Green House Gas emission reductions and enhanced removals equivalent to approximately 74.2 Metric tons of Carbon Dioxide by 2030, and
f) Ratification of the Kigali Amendment to the Montreal Protocol to phase out Hydro-fluoro-carbon emissions.
12. Furthermore, Nigeria is developing National Frameworks for Article 6 and for carbon pricing. We have finalized the Sectoral Action Plan for the implementation of the revised NDC in the key priority sectors, namely Energy, Oil & Gas, Agriculture & Land use, Power, Transport and Water and Waste.
Your Excellencies,
13. Let me now address the issues at hand regarding the endorsement of the Global Methane Pledge; publication of methane regulations for the oil and gas sector by COP27 and Inclusion in other joint initiatives to accelerate the deployment of zero-emission vehicles; demonstration of high-priority clean energy technologies; and de-carbonization of ocean-based shipping .
14. Nigeria joined the Global Methane Alliance in 2019 with commitment to methane reduction targets of at least 45 per cent by 2025 and a 60-75 per cent reduction by 2030.
15. Nigeria’s 2019 National Plan to Reduce has started through the required voluntary actions, with an initial focus on elimination of Short-Lived Pollutants methane in the Oil and Gas sector.
16. Our plan aims to improve air quality and reduce Nigeria’s contribution to climate change through 22 specific mitigation measures in 8 source sectors (transportation, cooking and lighting in households, industry, waste, oil and gas, agriculture, power and Hydro-Floro-Carbon), as well as adoption and ratification of the Kigali Amendment to the Montreal Protocol aimed at phasing out Hydro- fluoro-carbon emissions.
17. The full implementation of these measures would be effective in reducing Short-Lived Pollutants, with an 83 per cent reduction in black carbon emissions by 2030 compared to a business-as-usual scenario, and 61 per cent reduction in methane emissions.
18. These measures are also effective in reducing other air pollutants, such as nitrogen oxides and particulate matter, and also reduce Carbon Dioxide emissions.
19. This means that the implementation of these measures could reduce exposure to air pollution across Nigeria by 22 per cent in 2030, while reducing Nigeria’s contribution to climate change.
20. My administration approved Nigeria’s Sustainable Energy for All Action Agenda in 2016, which has a target of almost tripling generation capacity in the next decade, to reach a total of 30 Gigawatt by 2030.
21. Of this, 30 per cent will be generated from renewable resources, with almost half of this provided by medium and large hydro. The Clean Energy Transport Scheme in major Nigerian cities involves the introduction of compressed natural gas for buses in public transport.
22. Nigeria is aware that its heavy dependence on fossil fuel makes the country especially vulnerable in a world that has a target to reduce or even eliminate fossil fuel as a key driver of the global economy.
23. A number of countries are already setting bans on the sale of oil consuming Internal Combustion Engine vehicles. However, Nigeria is also aware that short term response to transition from fossil fuel to clean energy may jeopardize our economic growth. As a result, we intend to use the Long-Term Low-Emissions Development Strategy as our transition process.
24. The Long-Term Low-Emissions Development Strategy provides Nigeria the pathway to carefully assess the opportunities that might arise in terms of a cleaner, more dynamic, and more sustainable growth model.
25. It will also provide the options for the country to implement a less carbon-intensive model of economic development in the face of decreasing global reliance on fossil fuel energy.
Mr. President,
Your Excellencies,
Ladies and Gentlemen,
26. Achieving a climate-neutral economy by 2050 will require progressively phasing out or profoundly changing the country’s carbon-intensive industries. This will be particularly challenging and will require a well-managed transition through effective visioning and full financial support from partners.
27. Nigeria is ready to partner with countries and relevant stakeholders to achieve the goals of the United Nations Framework Convention on Climate Change and objectives of the Paris Agreement, while combining both local and international solutions in its quest to mitigate the challenges of climate change and adapting to the realities of the catastrophic environmental destruction facing our world.
28. I thank you all.
