Nigeria shouldn’t have joined the race to Net Zero
At the 26th Conference of the Parties to the UN Framework Convention on Climate Change, COP26, President Buhari committed Nigeria to a 2060 target. The announcement, met with celebration and surprise, is indicative of increasing consensus that climate change mitigation efforts need to be accelerated, but more so that the mix of pressure and persuasion—often in the form of investment contingent on progressive climate action—from advanced economies has worked. Nigeria should have resisted this pressure given our negligible contribution to historical GHG emissions and the limited understanding of what Net Zero would mean for our underdeveloped economy and energy systems.
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