Climate Change: Nigeria may lose $460 billion by 2050 – Report

Nigeria may lose $460 billion due to climate change by 2050 if necessary adaptation and mitigation actions are not taken, a new report by Agora Policy, an Abuja-based think-tank, has revealed.

The report titled, “Climate Change and Socio-Economic Development in Nigeria,” was officially presented to the public on Wednesday during a policy dialogue, themed: “Nigeria, Climate Change, and the Green Economy” in Abuja.

The dialogue was part of the activities mapped out by Agora policy and other partners in the lead-up to the forthcoming 28th United Nations Climate Change Conference (COP28)

The new report was produced with the support of the MacArthur Foundation and was authored by Chukwumerije Okereke – a professor of Global Climate and Environmental Governance; Emmanuel Oladipo – a retired lecturer and specialist on sustainable development, environment, and climate change; Ifeoma Malo – Co-founder of Clean Technology Hub and Fola Aina – a development, peace and…

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