Nigeria Ratifies Kyoto Protocol On Climate Change

Lagos — Nigeria has joined the over 120 parties that have so far ratified the Kyoto Protocol to the United Nations Framework Convention on Climate Change.

With the recent approval of the instrument of ratification of the protocol by President Olusegun Obasanjo, the instrument is now expected to be deposited with the United Nations Office in New York hopefully before the 10th Session of the Conference of the Parties to the United Nations Framework Convention on Climate Change coming up next month in Buenos Aires, Argentina.

Shell Says It’s Considering Climate Change Risks And Trying To Reduce Flaring In Nigeria

 

Netherlands-based oil giant Royal Dutch Shell told investors in the Hague on Tuesday that the company considers climate change in its decisions and that its efforts to reduce natural gas flaring in Nigeria, a main cause of pollution in West Africa, are being hindered by a lack of government funding. “We’ve sold assets for $1.8 billion in the last few years, and we have further licenses for sale,” van Beurden said. “This is not an exit from Nigeria. We are still making selected growth investment onshore, and the pace of these projects will be largely determined by continued government funding.”

---  Extracts from a International Business Times article by Meagan Clark published 20 May 2014