Connect with us

News

Commonwealth Report: Young People Are Unable to Adequately Access Funds Needed to Tackle Climate Change

Published

on

Commonwealth Report: Young People Are Unable to Adequately Access Funds Needed to Tackle Climate Change

Young people, who are among those most at risk to the impacts of climate change, are not accessing the funds they need to tackle the challenges posed by global warming, according to a report.

The joint report published on 9 December by the Commonwealth Secretariat and YOUNGO, the children and youth constituency of the United Nations Framework Convention on Climate Change (UNFCCC), analysed 100 climate finance initiatives targeted at young people.

While it showed an increase in youth-focused climate finance, funds are mainly disbursed in small amounts, hindering large-scale youth-led climate action.

In addition, the audit information provided by funders lacked full transparency, especially about beneficiaries and what projects were funded.

In response, the report calls for a fit-for-purpose approach to deploying climate finance for youth-led actions to remove existing barriers and ensure young people receive a fair share of support.

The proposed solutions include targeted reporting, a streamlined process for accessing funds with a focus on clear eligibility criteria, increased private sector support and new innovative financing sources.

According to a statement on Monday by the Commonwealth Secretariat, Climate finance, a core part of the Paris Agreement, is provided to help developing countries cut greenhouse gas emissions and adapt to the impacts of climate change.

The report was launched at a side event, ‘Empowering Youth Leadership: Experiences from the Commonwealth in Access to Climate Finance, Capacity Building and Technology’ – hosted by the Commonwealth Secretariat in partnership with the governments of Fiji and Zambia on 9 December 2023 during the United Nations Climate Change Conference (COP28).

Speaking at the event, the Commonwealth Secretary-General, the Rt Hon Patricia Scotland KC, said: “Young people, who make up 60 per cent of Commonwealth citizens, are on the frontline of the climate crisis, living mostly in areas prone to extreme weather events.

“As a result, many are facing job losses, displacement, health issues and educational setbacks. In the face of adversity, the resilience of young people shines through as they harness their drive and talent to lead on powerful climate solutions.”

She added: “This report reveals the dire need to scale up financial support for young people and prevent them from being stuck in the vicious cycle of chasing funds. We must work together with young people to address the barriers they face in accessing climate finance and support them in scaling contributions to meeting climate targets. This is essential to our belief that youth-led action is integral to our pursuit for a sustainable future for all.”

During the event, participants shared their experiences on accessing climate finance, upskilling and leveraging technology to empower youth-led efforts in tackling the challenges posed by climate change, while examining ways to maximise existing opportunities.

By: Michael Mike

Zambia’s Minister of Green Economy and Environment, Collins Nzovu said: “The future belongs to the children, and we should do everything possible to ensure we leave a liveable climate for them. We realise we need to pass the baton of leadership to the youth. We are increasing our support to the youth to take leadership which demonstrates our unwavering support for the Commonwealth Year of the Youth.”

He urged youth to use their energy, presence, connections and innovation to drive the change needed to save the planet.

In his remarks, Naipote Tako Katonitabua, Fiji’s Ambassador to the United Arab Emirates, said: “The world is facing unprecedented impacts of climate change the global stocktake has shown us how far behind we are in our climate ambitions.”
“We need dramatic actions to benefit our climate and we need them now,” adding that: “Youth inclusion at all levels in climate action including at political level is necessary to ensure the sustainability of our efforts.”

Research Director at YOUNGO’s Finance and Markets Working Group, Sheen Tyagi said: “The seeds of environmental resilience are sown in the passion and innovation of youth. Investing in youth-led climate projects is not just an investment in the future; it’s a commitment to safeguarding our planet.”

She added that: “Climate finance directed towards our projects is the imperative bridge between aspirations and actionable change. The currency of change lies in climate finance for the youth, and to ensure a sustainable tomorrow, we need the unwavering support of governments, institutions, the private sector, communities, and every individual.”

During the event, Senior Director at the Commonwealth Secretariat’s Economic Youth and Sustainable Development, Dr Ruth Kattumuri announced this year’s winners of the Commonwealth Sustainable Energy Transition Award.

Bangladesh’s Areebah Armin Ahsan and Pakistan’s Sarah Shahbaz Khan received awards for their outstanding short stories: ‘Tragedy to Triumph: Biogas in Daria Nagar’ and ‘Mud-coated Walls and Sandy Dunes’, respectively.

In the category of the best technical solution, Uganda’s Michael Okao, Darius Ogwang and Joshua Elem were recognised for their solar concentrator that harnesses renewable energy for clean cooking.

Nigeria’s Michael Chiangi Gbagir won the best educators award for his initiative ‘EcoPower Adventure’, which engages different communities through interactive learning activities, such as energy scavenger hunts.

According to the statement by the Commonwealth Secretariat, The ‘Availability of Climate Finance for Youth’ report will inform the Commonwealth Secretariat’s ongoing work, especially its Commonwealth Climate Finance Access Hub, which has supported small and vulnerable countries to access about $322 million of climate finance for projects to mitigate and adapt to the impacts of climate change.

Commonwealth Report: Young People Are Unable to Adequately Access Funds Needed to Tackle Climate Change

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

KACRAN Condemns School Kidnappings

Published

on

KACRAN Condemns School Kidnappings

…Appeals for Immediate Release of Students

By: Michael Mike

The Kulen Allah Cattle Rearers Association of Nigeria (KACRAN) has condemned the recent tragic kidnapping of secondary school students in Kebbi and Niger States.

The group in a statement signed by its National President, Khalil Bello named Ted that the issue has become a major national concern, highlighted by the decision of President Bola Tinubu to cancel his scheduled trip to South Africa for the G20 Economic Summit to focus on the crisis at home.

Bello said: “The most regrettable aspect of this deeply disturbing incident is that it targets innocent secondary school students. These are children who have left their parents for the first time to attend boarding school, pursuing an education that is vital for the future development of their states, Nigeria, and the world.

“Furthermore, we must consider the lasting emotional and psychological trauma being inflicted upon these young victims. The suffering of their parents and relatives, who are enduring days of uncertainty, hunger, and heartbreak, is a grave humanitarian crisis that threatens their health and overall well-being.”

He addd that: “The Federal Government’s subsequent directive to close over 40 Federal secondary schools across the country, along with closures ordered by the Niger and Katsina State governments, represents a significant educational setback. This is particularly alarming for the Northern region, which is already struggling with a high rate of out-of-school children. KACRAN is profoundly concerned that the perpetrators of this unholy act are now turning their unlawful attacks on vulnerable children who deserve the highest levels of protection.

“The aforementioned incident, which prevented our visionary President from attending the G20 meeting—an event of crucial importance to Nigeria’s global image—is a painful economic and reputational loss for the nation. KACRAN highly appreciates the serious concern and sympathy Mr. President has demonstrated towards the victims and their families.

“At this juncture, KACRAN reiterates its strong condemnation of all acts of violence in the country, especially the unacceptable kidnapping of innocent students. We passionately appeal to the kidnappers to fear the Almighty God and contemplate the day of judgment. As an act of clemency, sympathy for the victims and their families, and for the restoration of our national pride, we urge them to kindly and immediately release these poor students and return them safely to their parents. Nothing is gained from the suffering of small children and their poor families.”

KACRAN called on all Nigerians, regardless of tribe, religion, political affiliation, or region, to reject all forms of violence. “We must embrace one another as one beloved family and unite to firmly develop an indivisible Nigeria, ensuring that our children and grandchildren inherit a better country.

“Finally, while once more commending President Bola Ahmed Tinubu for his government’s sincerity and total commitment to securing the immediate release of these students, we respectfully request him, as a caring father to all, to accept and urgently implement KACRAN’s comprehensive proposal on how to easily resolve insecurity problems in the North-West and North-Central regions within six months.”

KACRAN Condemns School Kidnappings

Continue Reading

News

G20 Summit: President Tinubu Demands Equity In Global Mineral Trade, AI Governance

Published

on

G20 Summit: President Tinubu Demands Equity In Global Mineral Trade, AI Governance

** Says wealth of critical minerals must translate into shared prosperity in Africa

** Seeks fair handling of global financial flows, recurring debt crises

** Urges world leaders to take bold steps in reforming international financial architecture

By: Our Reporter

President Bola Ahmed Tinubu has called for a global framework that benefits communities hosting critical minerals in Nigeria and Africa, ensuring value addition at the source.

This is coming just as Nigeria also backed the creation of global ethical standards for Artificial Intelligence (AI), aimed at accelerating development across the world.

President Tinubu made the call at the Third Session of the 2025 Group of 20 (G20) Leaders’ Summit, held at the Johannesburg Expo Centre, South Africa, themed “A Fair and Just Future for All: Critical Minerals, Decent Work, Artificial Intelligence.”

The President, who was represented by Vice President Kashim Shettima, highlighted that for Nigeria and Africa, critical minerals are more than natural deposits, as they hold the promise of industrial transformation for the continent.

The Nigerian leader stressed that while the possession of resources alone does not guarantee prosperity, relevant authorities and stakeholders must ensure that the extraction and trade of critical minerals are governed by fairness, transparency, and accountability.

President Tinubu emphasised that such responsible extraction and trade are necessary to ensure that the wealth generated from hosting communities translates into shared progress.

He said: “Nigeria calls for a global framework that promotes value addition at the source, supports local beneficiation, and ensures that communities hosting these resources are not left behind.

The issue before us reaches far beyond the narrow arithmetic of economics and speaks to the moral character of the world we aspire to build.”

The Nigerian leader further stated that as the world advances through green and digital transitions, progress must remain people-centred.

“Decent work is the anchor that makes these transitions fair, inclusive, and sustainable. It is the foundation of development that ensures every person has the opportunity to contribute, thrive, and share in national prosperity,” he added.

President Tinubu disclosed that Nigeria, through the Renewed Hope Agenda, is investing in future-ready skills by empowering Nigerian youths through digital literacy, vocational training, and entrepreneurship.

For a fair and just future, President Tinubu urged G20 leaders to deepen collaboration on technology transfer, capacity building, and inclusive investments that prioritise human dignity over profit alone.

On artificial intelligence, which has immense potential to accelerate development globally, the President said the task before G20 leaders, development partners, and governments is to ensure that AI remains a servant of humanity, not a force that reshapes society at the expense of those it ought to uplift.

According to the Nigerian President: “Nigeria supports the creation of global ethical standards for AI that uphold safety, transparency, and equity,” the President said, adding, “We must ensure that AI becomes a tool of empowerment, not exclusion; of job creation, not displacement.”

To harness AI’s job creation and empowerment potential, the President called for deliberate partnerships between developed and developing nations, between the public and private sectors, and between innovation and inclusion.

“The G20 must therefore address systemic bias and foster sustained multilateral dialogue to ensure that the benefits of AI are shared equitably and its risks responsibly managed,” he added.

The President noted that within a broader vision of shared responsibility and global stewardship, critical minerals, decent work, and artificial intelligence are bound by a single calling, which is to shape an economy that uplifts rather than excludes; an economy that measures its strength not only by growth but by the dignity it affords every human being.

He urged the G20 leaders and partners to build a future where Africa is not merely a supplier of raw materials, but a continent of value creation, innovation, and dignity in work.

Similarly, President Tinubu has asked world leaders to come up with a more equitable and responsive system to manage global financial flows and sincerely address the recurring debt crises in a manner that meets the needs of all nations.

This, he said, had become necessary because many developing countries still grapple with systemic barriers restraining economic growth, as well as weakening trade and limiting financial inclusivity.

The Nigerian leader, who is represented at the global event by his deputy, Vice President Shettima, regretted that the multilateral frameworks, currently being relied on, no longer reflect the complexities of the present world, as the were “built in an era far removed from” the present challenges,

In his statement delivered on his behalf by VP Shettima, the Nigerian President pointed out that this year’s theme of the summit, bordering on “inclusive and sustainable economic growth, trade, financing for development and the debt burden, speaks to the realities of developing nations.”

Demanding a fair deal for Africa and other developing countries of the world, he stated: “For trade to be truly inclusive, the G20 must take bold and deliberate steps towards reforming the international financial architecture and the global institutions that sustain it.

“Only a more equitable and more responsive system can manage global financial flows with fairness, address recurring debt crises with sincerity and meet the needs of all nations, especially those in the Global South who have too often stood at the margins of global opportunity.”

President Tinubu said it would be difficult for Africa to realise a positive paradigm shift “in its development trajectory without a collective resolve of the G20,”

He noted that the continent cannot rise on the wings of aspiration alone without confronting the persistent regional challenges confronting it, particularly “the urgent need for sustainable financing to ensure the effective implementation of our developmental priorities.”

The Nigerian leader observed that rising debt burdens have continued “to drag economies back into cycles of fragility,” transforming “local difficulties into global vulnerabilities.”

Accordingly, he implored the G20 to place debt sustainability and the responsible utilisation of critical minerals at the heart of its agenda for inclusive development.

“The G20 must, in adopting the Leaders’ Declaration, take with utmost seriousness the responsibility to advance policies that drive sustainable growth, promote financial inclusion and confront emerging risks,” he added.

G20 Summit: President Tinubu Demands Equity In Global Mineral Trade, AI Governance

Continue Reading

News

Three killed as hoodlums attack hunters, burn huts in Adamawa community

Published

on

Three killed as hoodlums attack hunters, burn huts in Adamawa community

By: Zagazola Makama

Three persons have been killed after armed hoodlums launched attacks on hunters and residents in Song Local Government Area of Adamawa State, authorities confirmed on Friday.

Sources told Zagazola Makama that the incident began at about 3:20 p.m. when local hunters from Barkin Sajo, under the Miyetti Allah hunters association, pursued suspected cattle rustlers into the Mayo Suno forest.

According to the source, a gun duel ensued between the hunters and the hoodlums, resulting in the death of one of the hunters, identified as Buji Alhaji, 40.

He explained that the attackers later moved to Maigero village, where they set seven thatched huts in the local market ablaze before shooting and killing two residents: Alhaji Haruna and Iliya Dabba.

He said security operatives visited the scene and evacuated the bodies to the Cottage Hospital, Song.

The sources added that efforts were ongoing to track down the perpetrators, while the police Criminal Investigation Department (CID) had been assigned to conduct a discreet investigation into the incident.
End

Continue Reading

Trending

Verified by MonsterInsights