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ActionAid Comments on COP28
ActionAid Comments on COP28
By: Michael Mike
ActionAid welcomes the operationalisation of the Loss and damage fund at COP28 as an imperfect but important first step toward addressing climate impacts, Teresa Anderson, ActionAid International’s Climate Justice Global Lead, said.
“After 28 rounds of climate talks, the world’s governments have finally agreed to help people whose lives have been devastated by climate disasters. It’s a small ask. But a big moment. With the launch of the Loss and Damage Fund, the world is finally saying “We are in this together”.
“For the communities being pushed deeper into poverty with every disaster that destroys their homes and floods their crops, this moment in Dubai offers hope.”
“The UAE’s contribution of USD100 million is welcome, both for its solid cash and for the pressure it puts on the world’s biggest polluters to also step up and recognise their responsibility for decades of pollution.
“So far the contributions from rich countries have been far less than their fair share, considering they have been polluting for decades.”
“Today’s agreement is an important step but still very much the bare minimum, the story doesn’t end here. Today’s funding announcements have got the ball rolling, and we still need to see more rich countries making real announcements here at COP, to really fill the Fund. And with climate disasters likely to escalate year on year, the need for Loss and Damage Fund financing will only continue to grow. The good news is, we have the means to help if we have the will.”
Brandon Wu, ActionAid USA’s Director of Policy and Campaigns and a civil society observer at the Loss & Damage Transitional Committee meetings this year, said: “This is an imperfect but important step towards filling the massive gap of support that communities in developing countries need to recover and rebuild from climate impacts. The Loss & Damage Fund has some deep flaws because of developed countries prioritizing their own agendas over the needs of impacted communities in poorer countries, even as those same developed countries appear reluctant to put in money at the scale that is needed. The struggle will continue beyond COP28 as the specifics of the Fund must be implemented in a way that is as responsive and accountable to communities as possible, and rich countries must pay up to fix what they have broken.”
“In addition, the conditions that the World Bank accepted in order to host the Loss & Damage Fund show that the Bank is not a fit-for-purpose host institution. However, now that the World Bank has become the agreed host – over strident civil society objections – it must quickly demonstrate that it can meet these conditions, many of which may require significant policy changes within the Bank’s ponderous bureaucracy. We will be watching very carefully to ensure the needed reforms happen promptly. If they do not, the L&D Fund must be moved out of the World Bank immediately.
End
ActionAid Comments on COP28
News
Police repel bandits, rescue six kidnapped victims on Yankara-Funtua highway in Katsina
Police repel bandits, rescue six kidnapped victims on Yankara-Funtua highway in Katsina
By: Zagazola Makama
Police in Katsina State have successfully rescued six kidnapped victims after intercepting an armed bandit attack on Yankara-Funtua highway in Faskari Local Government Area.
Sources said on Jan. 24 at about 1:25 a.m., unidentified armed bandits blocked the highway and abducted six occupants of a green Honda Civic, registration number AAA 518 BC, en route from Funtua to Faskari.
The DPO Faskari, on routine patrol, promptly engaged the hoodlums in a tactical gunfight.
The bandits were overpowered and fled into the bush, abandoning their mission. All six victims, Rabi Hamisu, Safare Musa, Abubakar Samaila, Shehu Umar, Sara’u Yahaya, and Ibrahim Babangida, were rescued unharmed and safely returned to their homes.
Intensive patrols continue in the area, while efforts to apprehend the fleeing suspects are ongoing.
Police repel bandits, rescue six kidnapped victims on Yankara-Funtua highway in Katsina
News
Suspect arrested for trespassing, attempting robbery at Bauchi Emir’s palace
Suspect arrested for trespassing, attempting robbery at Bauchi Emir’s palace
By: Zagazola Makama
A 20-year-old man, Umar Hamza, was apprehended Wednesday night for trespassing and attempting to steal from the Emir of Bauchi’s residence.
Sources said Hamza entered one of the Emir’s son’s rooms carrying a bunch of keys and tried to commit theft around 8:20 p.m. on January 23.
He was intercepted shortly after the act and taken into the Police custody for questioning.
Police said Preliminary inquiries indicate the suspect intended to steal from the palace.
Suspect arrested for trespassing, attempting robbery at Bauchi Emir’s palace
News
VP Shettima Returns To Abuja, Says Nigeria Firmly Back On Global Economic Frontline
VP Shettima Returns To Abuja, Says Nigeria Firmly Back On Global Economic Frontline
By: Our Reporter
Vice President Kashim Shettima has returned to Abuja after a week-long diplomatic and economic mission to Guinea-Conakry and Switzerland.
This is just as he said Nigeria has reclaimed a frontline seat in global and regional policy conversations.
VP Shettima arrived at the Nnamdi Azikiwe International Airport on Saturday after representing President Bola Ahmed Tinubu at the inauguration of Guinea’s President, Mamadi Doumbouya, and leading Nigeria’s delegation to the 56th World Economic Forum (WEF) Annual Meeting in Davos.
According to the Vice President, the trip is part of Nigeria’s renewed commitment to regional solidarity in West Africa and its determination to reposition the economy under President Tinubu’s Renewed Hope agenda.
The Vice President had departed Abuja for Conakry, where he attended President Doumbouya’s inauguration, reaffirming Nigeria’s leadership role within ECOWAS, while opening new pathways for bilateral cooperation in agriculture and manufacturing.
From Guinea-Conakry, Senator Shettima proceeded to Davos, Switzerland, where he led the Nigerian delegation at the WEF 2026.
One of the highpoints of his engagements in that country was the commissioning of Nigeria House Davos, the Nigeria’s first-ever sovereign pavilion on the Davos Promenade, designed as a permanent investment hub showcasing opportunities in solid minerals, agriculture and the digital economy.
At a high-level WEF session titled, “When Food Becomes Security,” the Vice President outlined Nigeria’s new national food security framework, describing agriculture as a strategic pillar of national security and macroeconomic stability.
Vice President Shettima also joined former President Olusegun Obasanjo, former Vice President Yemi Osinbajo and Minister of Finance, Mr. Wale Edun, to advance the Accra Reset Initiative, a forum advocating African industrialisation driven by domestic capital and value chains rather than foreign aid.
On the economic front, the Vice President told investors that Nigeria’s macroeconomic indicators were stabilising, citing a projected 4.4 per cent GDP growth in 2026 and a decline in inflation to 12.94 per cent.
He also pointed to Nigeria’s imminent transition into a net exporter of refined petroleum products, anchored by the Dangote Refinery, and the growing export of digital talent.
VP Shettima Returns To Abuja, Says Nigeria Firmly Back On Global Economic Frontline
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