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UK, Italy promise support for ecological transition of developing countries
UK, Italy promise support for ecological transition of developing countries
The United Kingdom and Italian Governments have promised to support the ecological transition of developing countries, particularly in Sub-Saharan Africa.
Addressing a press conference on Thursday, the Ambassadors of the two countries who are co-hosting the 2021 United Nations Climate Change Conference (COP 26) holding in Glasgow between 31 October-12 November 2021, said both their countries are committed to support the funding of efforts at combating the threats of climate change in developing countries.
Speaking at the press briefing in Abuja, the Italian Ambassador to Nigeria, Dr Stefano Pontesilli said: “The Italian National Recovery and Resilience Plan (PNRR in Italian) launched by the Italian government to boost the economy from the impact of the COVID-19 pandemic, has at its heart the goal of allowing the green development of our Country. Therefore a large part of the funds allocated through the ‘Next Generation EU Program’ will be invested in redeveloping our economy and our industrial system in a way that will help us, among other things, to achieve all targets set within the COP26 agenda.
“Indeed, what used to be our Ministry of Environment has been reinforced and renamed the Ministry for Ecological Transition, to highlight its accrued role in supporting the transition of our entire economy towards sustainable growth that can reduce the impact on climate.
“It is with this ambitious internal climate change agenda that Italy goes to Glasgow next week, ready to share its experience and learn from others. It brings to the table also a strong commitment to support the ecological transition of developing countries, particularly in Sub-Saharan Africa.”
He added that: “Nigeria, with its experience in the field of hydrocarbons and with a population that is due to be the fourth largest on the planet in 2050, has a significant role to play in COP26. Challenges and opportunities lay ahead, but what is clear is that the transition to green and circular economies will be at the heart of both national agendas and multilateral collaboration in the coming years and that it presents the classic ‘win-win’ scenario where Countries with mature and developing economies can collaborate successfully. Italy and its green industries are ready to collaborate with Nigerian partners, starting with the private sector, to identify and develop the opportunities that arise from the economic transition towards sustainable development.”
On her part United Kingdom’s High Commissioner Catriona Laing who was represented by the Deputy High Commissioner, Ben Llewellyn-Jones at the briefing, said her government has four clear goals at COP26 which they would like all world leaders and their delegations to support.
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According to her, the goals are to secure global net zero by mid-century and keep 1.5 degrees within reach; to adapt behaviour to protect communities and natural habitats; to mobilise finance – developed countries must make good on their promise to mobilise at least $100 billion in climate finance per year; and to work together to deliver – finalise the Paris Rulebook (the detailed rules that make the Paris Agreement operational), and accelerate action to tackle the climate crisis through collaboration between governments, businesses and civil society.
She noted that the UK would want the outcomes of the negotiations at COP26 to protect and restore nature, follow the best available science, and empower inclusive action.
She said: “We look forward to seeing Nigeria engaging actively at the World Leaders Summit and the theme days and playing a constructive role in the COP26 negotiations. We also look forward to seeing Nigeria showcasing progressive climate-related policies and actions. We hope Nigeria can help other countries to raise their levels of ambition, and commit to action.
She noted that: “The UK has committed – through its UKAID programmes considerable support to assist Nigeria as it transitions to a low carbon energy economy, and to help raise the finance needed to make this transition.”
She said: “We (UK) have secured £6 billion in green investment since the launch of the UK Prime Minister’s Ten Point Plan last November, securing 56,000 high quality green jobs.
“We have committed £11.6 billion in international climate finance over the next five years.
“We were the first major economy in the world to set Net Zero in law – and we will reduce greenhouse gas emissions by 78% by 2035 compared to 1990 levels.
“We have grown our economy by over 75% in 30 years while cutting emissions by 44%
“We have decarbonised our economy faster than any other G20 nation and reduced greenhouse gas emissions faster than any other G7 nation since 2010.
• Increasing the amount of renewables connected to the grid by 500% since 2009.
“We are committed to hosting COP26 as a physical in person event, and have put robust covid-19 compliance measures in place which all delegates are being asked to adhere to. We have supported a significant number of delegates to be vaccinated ahead of travelling to Glasgow. We are confident that COP26 is best run as a physical in person event.”
UK, Italy promise support for ecological transition of developing countries