Babajide Sanwo-Olu, Lagos State Governor has said that there is an urgent need to prioritise climate change by increasing and sustained financing that will help mitigate its devastating impact.
Sanwo-Olu, who spoke at the closing of the 10th Climate Change Summit, pledged that his administration would continue to champion campaigns, as well as promote policies and initiatives towards climate action.
The governor, who was represented by his deputy, Obafemi Hamzat, said that governments, financial institutions and international organisations must work together to bridge the financing gap.
He said that government must also ensure that resources are directed towards projects that yield tangible benefits for communities and ecosystems.
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“We are committed to fostering a supportive environment for climate finance and local adaptation initiatives, ensuring that all efforts are aligned with the insights and expertise shared,” he said.
The governor also commended the resolve of participants to work with all stakeholders to transform the discussions into concrete actions that will benefit communities and environment. He added that participants have also learnt that accelerating climate finance is not merely about mobilising funds, but ensuring the resources reach those who need them most.
Story was adapted from the Guardian.
