Fidelity bank banner Bayelsa State banner
World Bank sets up $4.5B climate change fund

By Omer Aydin, Paris on 12/12/2017

Share on facebook Yahoo mail icon Gmail icon Share on Google+

Views: 565


The World Bank Group and the Global Covenant of Mayors for Climate and Energy announced on Tuesday a $4.5 billion-fund for 150 cities around the world to fight the effects of climate change.

The announcement was made at the One Planet Summit in Paris, which was held to mark the second anniversary of the Paris Agreement on greenhouse gases.

The fund aims to support cities in fighting the increasing threats of climate change, according to the World Bank.

French President Emmanuel Macron, UN Secretary-General Antonio Guterres and the head of the World Bank Group, Jim Yong Kim, hosted the summit meeting.

“The battle for climate change has not yet been won, there is no plan B,” said Guterres.

“This summit is a new phase in our common struggle,” said Macron.

Former U.S Secretary of State John Kerry said it is an “embarrassment” that the U.S withdrew from the Paris Agreement, adding that this decision was made by U.S President Donald Trump, and not by Americans.

The Paris Agreement, signed by 195 countries in April 2016, aims to fight climate change by reducing carbon emissions and limiting global temperature rise to below 2 degrees Celsius.

The Global Covenant of Mayors for Climate and Energy is an organisation supported by nearly 7,500 municipalities from 119 countries that operate locally, regionally and globally.

Nearly 100 government heads and senior officials from around the world are attending the summit. (Anadolu Agency)

Source News Express

Posted 12/12/2017 8:30:41 PM

 

Share on facebook Yahoo mail icon Gmail icon Share on Google+


 

CLASSIFIED ADS

REVEALED: 3 natural ways to get stronger erections, last 25 minutes on bed, and increase manhood size without using drugs. Also, Natural Prostrate Enlargement Remedy.. Get In HERE...

 

You may also like...
Buhari fires Accountant General over N2.5 billion security...

New York to name street after hero Ghanaian-born...

71 die in Ghana’s worst road accident for...

Lagos has generated more revenue in 2016 despite...

Kano Governor escapes robbery attack

Breaking News: Kaduna records first case of Ebola...

$120bn African trade deficit not problem to Afreximbank...

PDP battles Presidency, APC over looters’ list

GOCOP (online publishers association) for launch today at...

Police intimidation has rubbished democracy — HURIWA

N1 trillion needed yearly to solve Lagos road...

Ooni: Yoruba heritage immune to blemish

 

Latest News Presidency: 2019 is for major game-changer, By Charles Adeyinka Playing chess with human lives, By Ekene Odigwe R-APC will leave APC, with or without Saraki – Baraje PDP chieftain shot dead in Lagos during meeting Police dismiss 4 SARS operatives for robbery, other crimes Boko Haram invades Chad, slaughters 18, kidnaps 10 women Dasuki: ‘Buhari misled by northern cabals’ Police arrest five PDP chieftains over killing of LG chairman JAMB remits N7.8bn as examination surplus Dickson urges stronger unity in Osun PDP before guber polls Fears of arrest, abuse by Govs may kill State Police Bill – Sen. Ibrahim 2018 Budget: Minister replies HEDA’s FOI request on inserted projects

 

Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (363,985 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (359,418 views) Shameless Genevieve Nnaji exposes breasts in public (287,850 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (236,134 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (215,614 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (213,066 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (187,244 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (169,239 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (156,660 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (153,438 views) Lagos plane crash: Journalist releases victims’ names (148,216 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (139,284 views)

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (52) Business & Economy (3,365) Business Verdict (48) Columnists (890) Complaints & Requests (94) Enterprise & Opportunities (207) Entertainment (516) Features (616) Global Business Monitor (286) International (2,160) Interview (159) Live Commentary (28) Love Matters (127) News (37,359) Opinion (1,025) Pidgin (10) Politics (5,653) Religion (790) Sports (1,613) Stock Watch (33) AMA & Al Jazeera Global Update

 

CBN banner

Firstmobile banner

 

 

NEWS EXPRESS TV

Nigerian detainees send SOS from Osama prison

 

APO Group Partner

 

 

CLASSIFIED ADS

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera

Advertisement