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Climate change: Osinbajo calls for net zero emissions by 2050



 Climate change Osinbajo calls for net zero emissions by 2050
Climate change: Osinbajo calls for net zero emissions by 2050

1 By Témitope Ponlé

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2 Vice-President Yemi Osinbajo urged developing countries to chart their course in embracing just transition, climate action and future prosperity to fuel the pathways of development.

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3 In a statement released on Wednesday by the Communications Sector of the Economic Commission for Africa (ECA), Osinbajo said it was an attempt to reach net zero emissions by 2050.

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4 Osinbajo said this in his opening speech at Columbia University’s World Energy Forum held in May, virtually.

5 According to the myclimate website, net zero emissions means that all human-made greenhouse gas emissions must be removed from the atmosphere through abatement measures, thereby reducing the planet’s net climate balance to zero.

6 In this way, humanity would be carbon neutral and the global temperature would stabilize.

7 The Vice President said that the global energy transition “must be inclusive, equitable and just, taking into account the different realities of various economies and adapting to various pathways towards net zero by 2050.

8 “So what about justice, social justice, fairness?

9 “What is often not sufficiently taken into account in thinking about the transition to net zero emissions is the essential role that energy, in our case gas, plays in catalyzing economic development and supporting the economy. health and livelihoods of people, especially in the poorest countries. “

10 He underscored the commitment of Nigeria and other African countries to a net zero future and national contributions under the Paris Agreement, especially given their vulnerability to the adverse effects of climate change.

11 He also noted that increased support for the development and implementation of solid energy transition plans was however needed.

12 “It is clear that the continent will need an unprecedented scale of investment. “An energy mix compatible with a 1.5 ° C trajectory would require 40 billion dollars to flow each year to sub-Saharan Africa; a fourfold increase from the $ 10 billion invested in 2018.

13 “Countries like the US, China, Japan and much of Asia and the EU include gas as a major pillar of their decades-long decarbonization strategies.

14 “Including the active development of African gas in countries like Mozambique, Ghana, Senegal and Nigeria for export to Asia and Europe, while limiting funding to domestic gas projects in these country, ”Osinbajo said.

15 He underscored the challenge for developed countries to incorporate fair and equitable measures when adopting climate action.

16 According to Todd Moss of the energy think tank, Energy for Growth Hub, Osinbajo’s remarks are a major breakthrough in the global conversation about what climate justice and climate action mean for energy and poor countries. low emissions.

17 In addition, according to Jean-Paul Adam, director of the Technology, Climate Change and Natural Resources Division (TCND), ECA’s “Just Transition” is an emerging vogue in the rapidly evolving climate discourse, which is making reference to deliberate changes in investments towards environmentally and socially sustainable investments. savings.

18 The recently published Building the Future of Green Recovery in Africa report by ECA frankly states “it is important to consider that a transition to a low carbon economy will have an impact on existing sectors and communities.

19 “A just transition must take into account the potential effects arising from both climate action and climate inaction on vulnerable communities. “(NAA)

20 (NAN)

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