Tag: Climate Change

Why Africa risks losing 15% GDP to climate change - AADFI
Business

FG to address climate change carbon prices

The Federal Government has stated its intention to investigate carbon pricing as a tactic to address the country’s climate change concerns. The Punch reported that the National Council on Climate Change’s Director General, Salisu Dahiru, revealed this on Saturday in Abuja. He asserted that carbon pricing would resolve the country’s climate problems since it reduces greenhouse gas […]

Private Infrastructure Development Group
News

Group raises $25bn to combat climate change

In order to help 100 million people in emerging markets and developing countries fight climate change, the Private Infrastructure Development Group has pledged to deliver $9 billion in commitments and mobilize an additional $25 billion in funding. The Punch reported that the company reportedly revealed this recently at a business reception in London when it unveiled […]

People take part in the Global Climate Strike of the movement Fridays for Future, in Berlin, Germany, March 3, 2023. (File/AFP)
Business

Germany may lose €900bn to climate change by 2050

Climate change may cost Europe’s biggest economy, Germany, about 900 billion euros in cumulative economic damage by 2050. This is according to a study that came out on Monday, as Germany seeks climate adaptation measures to cut the damages bill that would be caused by the extreme weather conditions. Reuters reported that this study by […]

Climate crisis: African firms back green energy investment
News

Climate crisis: African firms back green energy investment

  Ahead of the Climate Change Conference 2022, a new campaign has been initiated to intensify African efforts to obtain global funding for accessible green energy, necessary for climate catastrophe adaptation. Several African firms backing the Power Up Campaign include Zonke Energy, Kakuma Ventures, Ignite Power and Smiling Through Light. The campaign demands that wealthier […]