COP27 Archives - News Desk Nigeria

COP27 ends with establishment of fund for loss, damage

NewsDeskNgNov 21, 2022November 21, 20220

The 27th Session of the Conference of Parties on United Nations Framework Convention on Climate Change (UNFCCC), otherwise known as COP27, ended in Sharm El-Sheikh, Egypt, on Sunday with Parties agreeing on historic fund for loss and damage. The fund formed part of the Sharm El-Sheikh Implementation Plan on climate...

COP27: Spain, Switzerland announce €10m to AfDB’s urban, municipal devt fund

NewsDeskNgNov 18, 2022November 18, 20220

The Swiss Confederation and Spain, have announced additional financial support of 10 million Euros to African countries and cities affected by the negative effects of climate change. In a statement issued by the Communication and External Relations Department of the AfDB, the announcement was made at the ongoing 27th United...