Skip to content
July 20, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • Business & Economy
  • COP27: Nigeria to get £95m as UK increases climate adaptation budget
  • Business & Economy

COP27: Nigeria to get £95m as UK increases climate adaptation budget

Admin November 8, 2022
walker

Nov. 8, 2022

Sharm El Sheikh (Egypt), United Kingdom (UK) has announced an investment of £95 million on climate resilient and sustainable agriculture in Nigeria.

UK Foreign Secretary, James Cleverly announced the pledge at the Conference of Parties (COP) 27 on Climate Change going on in Sharm El Sheikh City of Egypt.

Propcom+ is a UK International Climate Finance (ICF) programme, which aims to support the transformation of Nigeria’s rural economy.

The new investment, according to the UK senior official, is set to enhance productivity, adapt and build resilience, and protect and restore Nature.

The commitment to Nigeria formed part of the UK support worth over £100 million to developing countries to deal with climate change.

Details of the support noted that at least 4 million Nigerians, including 2 million women will benefit, to increase productivity and adapt to the effects of climate change while at the same time reducing emissions.

“Propcom+ builds on the UK Government’s investment in agriculture through the Propcom Mai-karfi programme in Nigeria.

“This new programme is also set to help address key barriers to sustainable agricultural development in Nigeria.

“It will support the development of climate-resilient agricultural policies, actions, and investments that deliver nutrition, increase productivity, adapt and build resilience while reducing emissions, and protect and restore natural ecosystems.

“For example, through the adoption and scaling of practices such as heat and flood tolerant crop varieties and integrated soil fertility management.

“The new Propcom+ programme involves supporting inclusive and resilient growth by promoting the progressive transformation of Nigeria’s rural economy.

“The new programme will build the capacity of small-scale farmers and rural communities in climate smart agriculture.

“It will work with Nigeria’s vibrant private sector on agriculture to increase productivity, improve nutrition and food security, enhance climate resilience, pursue lower emissions and halt and reverse biodiversity loss, as well as helping to tackle some of Nigeria’s underlying drivers of conflict and insecurity,” revealed the details obtained by NAN in Sharm El Sheikh.

In his remark, Cleverly said: “the Glasgow Climate Pact gave the world the tools to limit the rise in global temperature to 1.5 degrees and build a secure and sustainable future.

“Now is the time for all countries to step up their action on climate change and deliver the tangible change needed.

“The UK will continue to play a leading role in this mission. The funding we have announced will support countries which are facing the devastating impact of climate change, to adapt effectively.”

Justifying the support, UK Deputy High Commissioner in Lagos, Nigeria, Ben Llewellyn-Jones said Nigeria was extremely vulnerable to climate change and land degradation.

“Climate risks are increasing, diminishing productive capacity, and contributing to worsening food insecurity.

“Farmers are on the front line and highly dependent on seasonal rainfall making them increasingly vulnerable to the changing and unpredictable climate.

“Tackling climate change and biodiversity loss is a key UK international priority and we remain committed to supporting inclusive and climate resilient growth in Nigeria through the Propcom+ programme which will build on the successes and lessons from previous engagement and deliver on adaptation and resilience, and on nature for climate and people,” said the UK deputy high commissioner in Nigeria. (NAN)

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: Ben Llewellyn-Jones ICFProgramme Sharm El Sheikh City

Post navigation

Previous Flood displaces 134,000 persons in 44 Benue communities -SEMA
Next Alleged N170m FIRS Contract Fraud: Ekeh, Zinox Boss, Wife, Others Finally Vindicated As FG Strikes Out Charges

Related Stories

Fuel price uncertainty forces marketers to temporarily halt supply — IPMAN Fuel crisis
  • Business & Economy

Fuel price uncertainty forces marketers to temporarily halt supply — IPMAN

July 19, 2026
Oborevwori unveils digital advertising platform to boost Delta revenue
  • Business & Economy

Oborevwori unveils digital advertising platform to boost Delta revenue

July 18, 2026
Global energy security at risk if Strait of Hormuz does not open in weeks, IEA chief says IEA
  • Business & Economy

Global energy security at risk if Strait of Hormuz does not open in weeks, IEA chief says

July 17, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

Fuel price uncertainty forces marketers to temporarily halt supply — IPMAN Fuel crisis
  • Business & Economy

Fuel price uncertainty forces marketers to temporarily halt supply — IPMAN

July 19, 2026
Oyo mandates birth certificates, NIN for school enrolment — Perm Sec oyo
  • National News

Oyo mandates birth certificates, NIN for school enrolment — Perm Sec

July 19, 2026
NDLEA intercepts Kano-bound tramadol shipments, arrests 80-year-old grandpa
  • Crime and Justice

NDLEA intercepts Kano-bound tramadol shipments, arrests 80-year-old grandpa

July 19, 2026
Troops foil ISWAP mass abduction bid, rescue 46 students in Borno Troops
  • National News

Troops foil ISWAP mass abduction bid, rescue 46 students in Borno

July 19, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.