Nigeria Advocates for Nature Conservation and Climate Finance at COP 30

Nigeria's Vice President, Kashim Shettima, urged for more grant-based finance and debt-for-nature swaps at COP 30 in Belem, Brazil. He highlighted the need to shift from exploiting nature to investing in its conservation.

Nigeria plans to integrate nature-positive investments into its climate finance architecture, aiming to mobilize $3 billion annually for climate financing. Shettima emphasized the economic value of nature and called for global partners to support developing countries in protecting and restoring nature to combat climate change.

The Vice President also raised concerns about environmental challenges within Nigeria's borders, including deforestation, desertification, illegal mining, and rising sea levels near the Sahara.