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AfDB says Nigeria can build climate-resilient economy

by Matthew Eloyi March 28, 2023
written by Matthew Eloyi March 28, 2023
700

The African Development Bank (AfDB) has said in its “Country Focus Report 2022 Nigeria: Supporting Climate Resilience and a Just Energy Transition’’ that Nigeria can build a climate-resilient economy by adopting climate-smart agricultural practices.

It highlighted certain approaches, such as water collection, small-scale irrigation methods, land and water conservation, and management techniques, that are both affordable and efficient.

According to the report, the African Economic Outlook 2022 estimates of the Climate Resilience Index (CRI) show that, between 2010 and 2019, Africa is the least climate-resilient region in the world.

“With the lowest median (28.6) and mean (34.6) CRI scores, well behind Europe and Central Asia, the regions most resilient to climate shocks.

Read Also: Iraq suspends working hours amid heavy rainfall

“During the same period, Nigeria was moderately resilient as compared to other African countries, with a CRI score of 26.8.

“Nigeria suffers from multiple climate change effects, manifested through rising temperatures and periodic droughts and flooding though.

“But with implications for agricultural productivity, food security and electricity generation, the country has made some progress in reducing its vulnerability,” it said.

According to the report, Nigeria did considerably better than other African nations between 2010 and 2019 and is classified as having low susceptibility to climate change and high readiness to handle climate shocks.

However, given Nigeria’s reliance on conventional agricultural and fossil fuel energy sources, the report says effects of climate change continue to be a significant source of policy concern at the national level.

Story was adapted from Enviro News

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