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Nigeria Courted by Five Countries for Collaboration on Climate Finance Reforms

Five countries, including Australia, are seeking Nigeria’s support to drive practical reforms in climate finance ahead of the COP31 conference, according to the Australian High Commissioner to Nigeria, Leilani Bin-Juda. This collaboration is aimed at building momentum for climate finance reforms ahead of the upcoming conference. The Australian envoy made these remarks during her opening remarks at a gathering. The five countries seeking Nigeria’s support are yet to be named in the reports, however, sources indicate they are part of the MIKTA bloc, a group of emerging economies consisting of Mexico, Indonesia, South Korea, Turkey, and Australia. This move underscores the global recognition of Nigeria’s role in shaping climate finance policies and its commitment to addressing the challenges of climate change. The Nigerian government has not yet commented on the request for support. According to Premium Times Nigeria, the Australian High Commissioner made the call during a meeting with the Minister of Environment, Suleiman Zarma. The Vanguard News also reported on the meeting, revealing that diplomats from the MIKTA member countries and the Federal Government discussed improved access to climate finance, stronger international partnerships, and increased investment in practical solutions to help developing countries address climate change. COP31, also known as the 31st Conference of the Parties (COP) to the United Nations Framework Convention on Climate Change (UNFCCC), is scheduled to take place in 2027.

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