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Nigeria's Climate Change Act, 2021 is an Act of the National Assembly of Nigeria. [1] The act requires the government to establish a National Climate Change Action Plan and a five-year carbon budget, with specific annual targets. [1] [2] The act establishes the National Council on Climate Change. This Council is tasked with executing the ...
These standards have subsequently been periodically updated into what is commonly known as the International Finance Corporation Performance Standards on social and environmental sustainability and on the World Bank Group Environmental, Health, and Safety Guidelines.
The Sustainable Development Goals aim to reduce neglected tropical diseases, AIDS, hepatitis, water-borne diseases and other communicable diseases. The Nigeria Economic Recovery and Growth Plan was launched to align the SDGs with a target of 2030. Among the goals is to reduce the maternal mortality ratio to 70/100,000 live births. [9]
A 2014 session by the United Nations Conference on Trade and Development promoting corporate responsibility and sustainable development.. Corporate sustainability is an approach aiming to create long-term stakeholder value through the implementation of a business strategy that focuses on the ethical, social, environmental, cultural, and economic dimensions of doing business. [1]
In addition, the World Bank has lent Nigeria about 350 million to build a solar power grid by 2023 that will help generate power for hospitals, rural areas, schools and households. [70] In February 2018, Nigeria completed the Renewable Energy and Energy Efficiency Partnership project, which supplies about 261,938 citizens with clean renewable ...
Barclays' group head of sustainability Laura Barlow has stepped down to pursue other opportunities, a spokesperson told Reuters, the latest senior reshuffle among Britain's top banks as the sector ...
The bank, ranked No. 10 on the Southeast Asia 500, reported a net profit of 2.6 billion Singapore dollars ($1.9 billion) for the final quarter of 2024, a 10% year-on-year increase.
The IDA is a unique part of the World Bank as it requires continuous replenishment of its resources. Member countries replenish its funds through contributions in addition to supplementary funds provided by the International Bank for Reconstruction and Development and the International Finance Corporation (IFC).