President Buhari's Climate Bill: A Pledge to Sustainable Development
At COP26 in Glasgow, Nigerian President Muhammadu Buhari announced that Nigeria will reduce its carbon emissions and reach net zero by 2060. The President will sign a new climate bill that sets a five-year emissions budget with the goal of achieving net carbon emissions. We aim to achieve net zero greenhouse gas emissions between 2050 and 2070.
This long-term vision was intended to be a first contribution to the invitation of Article 4.19 of the Paris Agreement to present in the Long-Term Green Energy Development Strategy (LT- LEDs), explained. In 2020-2021, we will gather extensive information and prepare to develop a long-term strategy to explore how Nigeria can meet its new climate goals.
Unveiling Article 4.19: Nigeria's Role in the Paris Agreement
Nigeria, a signatory to the Paris Agreement (PA), recognizes that the transition to low-emission development is essential to achieve sustainable economic growth by reducing greenhouse gases (GHG) and other social, economic, and environmental benefits that can lead to carbon emissions.
In addition to National Contributions (NDC), which define climate action until 2030, all parties aim to prepare and communicate LT-LEDS, taking into account common but differentiated responsibilities and capacities, according to Article 4.19 of the Paris Agreement. in light of different national circumstances.
Federal Government's Decisive Move: Developing LT-LEDS for a Greener Future
To this end, the Federal Government of Nigeria has decided to develop its LT-LEDS system as part of its commitment to a low-carbon future, initially focusing on a long-term vision up to 2050. The vision provides clear direction to all stakeholders for a well-managed transition to a low-carbon economy that will grow existing and new sectors, and create new jobs and economic opportunities for the nation.
Vision 2050: Nigeria's Blueprint for Sustainable Transition
The vision states that: By 2050, Nigeria will be a low-carbon, climate-resilient, and fast-growing circular economy, reducing current emissions by 50% and moving to zero emissions in all its sectors in a gender-responsive manner.
It is hoped that this vision will promote sustainable development and ensure climate-resilient economic development with multiple stakeholders, especially as Nigeria is also engaged in the formulation of medium-term (2021-2025) and long-term (Agenda 2050) national development plans.
It is also hoped that it will lay a strong foundation for Nigeria to advance the global goal of climate neutrality and to be a climate-resilient society with a knowledge-based economy that is globally competitive and in line with Africa’s Agenda 2063. so that the country can effectively manage its leadership position in Africa. The Federal Government of Nigeria is now building on this initial long-term vision to develop a comprehensive long-term strategy.
Process on Developing the Vision
A comprehensive approach was adopted in developing the vision for LT-LEDS in Nigeria. The vision, which was the preliminary stage for the development of the entire strategy, included:
• Identification and selection of relevant experts capable of developing ideas for a low-carbon vision of 2050, consisting of experts from MDA, academia, industry and civil. society sector a wide range of opportunities for civil society organizations for Nigeria’s long-term vision to reduce greenhouse gas emissions by 2050 and develop adaptation initiatives that promote development.
• Policy mapping and analysis of other national policies and strategies with medium- and long-term climate goals and aspirations.
• Consultation with stakeholders to find answers on what should be Nigeria’s vision and LT-LEDS to ensure ownership of Nigerian LTV. and
• Drafting and preparation of a long-term vision for Nigeria outlining the country’s national and sectoral vision up to 2050 and a complete work plan/scope of work for the preparation of LT-LEDS.
The 2050 Pathways platform is an initiative launched at the COP22 conference in Marrakech. The purpose of the forum is to support the development of long-term, zero greenhouse gas emission, climate change resistant and sustainable routes (LT-LEDS). The 2050 Pathways platform provides a space for collective problem-solving by developing long-term deep decarbonization strategies, including sharing resources (financing, capacity building), knowledge and experience.
Key Elements of LT-LEDS: Navigating the Complex Roadmap
The LT-LEDS include key elements which include:
(i) strong government commitment and leadership;
(ii) emission reduction target(s) before and in 2050/mid-century;
(iii) emission reduction scenarios/pathways (with more ambitious scenarios);
(iv) social development objectives;
(v) economic growth objectives;
(vi) objectives for protecting and improving the management and use of natural resources and ecosystems;
(vii) consideration of climate change adaptation, institutional, capacity building, governance; and
(viii) investment/financing requirements.
Nigeria's Updated NDC: Strengthening Commitments for a Sustainable Future
Nigeria recently updated and submitted its Nationally Determined Contributions (NDC) to the United Nations Framework Convention on Climate Change (UNFCCC) as part of its commitment to the global goal of keeping global warming below 2°C in line with Article 4(2) of the Paris Agreement Agreement.
In the updated NDC, Nigeria recommits to reducing its unconditional share to 20% below normal by 2030 and increasing its conditional share from 45% to 47% below normal by 2030, subject to sufficient international support. In addition to the existing sectors in the 2015 NDC, Nigeria has expanded its ambitious goals to include the waste
and water resources sectors and highlights other nature-based solutions not included in the 2015 NDC. 4,444 NDCs show an investment of 177 billion USD for implementation between 2021 and 2030. This value is productive investments covering the entire national economy, which are not expected to be a burden only for the state budget.
Conclusion
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