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

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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

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Yobe: Buni urges journalists to uphold professionalism

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Yobe: Buni urges journalists to uphold professionalism

By: Yahaya Wakili

Governor Mai Mala Buni of Yobe State has appealed to media practitioners in the state to continue to uphold professionalism while discharging their responsibilities.

He urges the journalists to abide by the ethics of the profession, remain united, and promote peace and harmony among themselves.

The governor made the appeal today while receiving the newly elected leadership of the Nigeria Union of Journalists (NUJ) Correspondents Chapel, led by its elected chairman, Mr. Nabilu Balarabe of the News Agency of Nigeria (NAN), at the Government House, Damaturu.

Ably represented by his deputy, Hon. Idi Barde Gubana (Wazirin Fune), he commends journalists in the state for their synergy and collaboration with the state government in projecting a positive image of the state.

Governor Buni commended the journalists for their professionalism and constructive engagement, acknowledging the critical role the media plays in democratic governance and national development.

He pledged the state government’s continued support and collaboration with the correspondents’ chapel to ensure the success of the present administration, particularly in promoting government policies, programs, and achievements.

Earlier, the newly elected chairman, Mr. Nabilu Balarabe, said the visit was to pay homage and formally present the new leadership of the chapel to the governor.

He said recently the chapel conducted an election of the leadership of the chapel, in which Nabilu Balarabe of the News Agency of Nigeria (NAN) emerged as chairman and Mr. Musa Buba Mingi of Channels Television as vice chairman.

Others include Malam Habibu Idris Gimba of Daily Trust, Secretary; Mr. Michael Oshoma of TVC, Treasurer; Sa’adatu Maina of Neptune Prime, Assistant Secretary; and Muhammed Mai Tela of People’s Daily, Auditor.

Yobe: Buni urges journalists to uphold professionalism

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NGX woos NPF to list viable businesses

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NGX woos NPF to list viable businesses

The Group Chairman Nigerian Exchange Group, Dr. Umaru Kwairanga has urged the Nigerian Police Force to consider listing other viable business entities of its organisation on the Exchange as it has done with its Microfinance Bank.

Kwairanga made the call on Wednesday in Lagos at the closing gong ceremony in honour of the Inspector General of Police, Kayode Egbetokun, who was at the trading floor of the Nigerian Exchange.

Kwairanga gave the NGX’s assurance that such companies if listed would be given free publicity, easy access to greater ponds of capital, and greater transparency and efficiency in their operations.

He said that the Exchange, its operators and quoted companies would continue to provide environment conducive for NPF businesses, in view of the critical role that the police play in ensuring a stable environment for businesses to thrive.

“Our quoted companies have been key to the success of the Police Trust Fund and stand ready to cooperate with the Nigerian Police in other ways that you require logistical and other support to ensure that we have a secure nation and capital market.

“Apart from its core duties of ensuring Nigeria’s internal security, the Nigerian Police Force has over the years established and grown various thriving businesses for the welfare of its personnel.

“One of them, the Nigerian Police Microfinance Bank is in fact quoted on the main board of the Exchange and doing very well in terms of capital appreciation, dividends and corporate governance,” he said.

The NGX boss advised that the Pension Fund should consider increasing its allocations to eligible equity quoted on the Nigerian Exchange.

While commending Egbetokun for visiting the Exchange, Kwairanga pledged to strengthen the mutually beneficial relationship going forward.

Our Correspondent reports that the visit underscores the continued collaboration between key national institutions in promoting market confidence, investor trust and a transparent, well-functioning capital market.

NGX woos NPF to list viable businesses

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Turkish–Nigerian Poets Unite in Abuja to Promote Peace Through Art

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Turkish–Nigerian Poets Unite in Abuja to Promote Peace Through Art

By: Michael Mike

Nigeria and Turkey have reinforced their cultural partnership through a poetry exchange in Abuja designed to foster peace, dialogue, and mutual understanding between the two nations.

The literary gathering, hosted by the Yunus Emre Enstitüsü, brought together poets, cultural practitioners, diplomats, and arts administrators from both countries to explore shared human values through poetry and performance.

Speaking at the event, Director-General of the Kaduna International Film Festival, Israel Kashim Audu, described poetry as a powerful medium for cultural diplomacy and peacebuilding. He noted that although Turkish poetry is deeply influenced by Anatolian mysticism, Nigerian poetry often reflects post-colonial experiences, identity, and nationhood.

“Despite their different historical contexts, both poetic traditions meet in their pursuit of justice, harmony, and human dignity,” Audu said.

The Abuja Coordinator of Yunus Emre Enstitüsü, Fatih Erkin Mahdum, said the institute has remained committed to promoting Turkish language, arts, and culture in Nigeria since its establishment in 2021. He added that collaborations with Nigerian artists are central to strengthening cultural ties and encouraging creative exchange.

Diplomatic presence at the event underscored its international significance. Mrs Florence Nzako, Counsellor at the Embassy of the Democratic Republic of Congo, alongside Solveig Andresen of the Norwegian Embassy, welcomed participants and commended the initiative for using art to advance peace and intercultural understanding.

Poets at the gathering presented works exploring themes of peace, love, displacement, and resilience, drawing poetic connections between the Bosphorus and the Niger River as symbols of unity and shared humanity.

Also speaking, Director-General and Artistic Director of the National Troupe of Nigeria, Kattumu Bulama Gana, said artistic collaborations provide unique opportunities to understand common histories and aspirations. He described the poetry exchange as a valuable contribution to cultural diplomacy between Nigeria and Turkey.

Turkish–Nigerian Poets Unite in Abuja to Promote Peace Through Art

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