African Nations Demand $150 Billion Annual Climate Compensation

  • Date: 07/12/09

African countries, including Nigeria, require about $150 billion annually to combat the effect of climate change, the chairperson of the House of Representatives Committee on Climate Change, Eziuche Ubani, has said.

Mr. Ubani also said that Nigeria and other developing countries under the aegis of G77 are demanding for compensation from United States (US), Britain, China and other industrialized countries commensurate compensation for years of greenhouse emission that have depleted the ozone layer and resulted into climate change.

He stated this at a press conference at the weekend ahead of the conference on climate change which kicks off today in Copenhagen, Denmark.

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