VP Shettima Advocates Debt-for-Nature Swaps at COP 30
Vice President Shettima of Nigeria urges the international community to boost global funding for nature conservation and restoration through debt-for-nature swaps and blue carbon markets at COP 30. He emphasizes the economic value of protecting nature and calls for equitable access to funding mechanisms.
Shettima highlights the need for solidarity among nations to safeguard forests, landscapes, and oceans beyond national jurisdictions. The VP stresses the importance of investing in nature as an asset rather than exploiting it as a commodity, aiming to mobilize $3 billion annually for climate finance.
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