Politics
COP28: Sanwo-Olu Calls For Funding To Address Water Scarcity (See Details)
Lagos State Governor Babajide Sanwo-Olu has called for sustainable private and philanthropic financing to address the inadequate water infrastructure in the state….CONTINUE READING....KINDLY READ THE FULL STORY HERE▶

Speaking at a side event of a United Nations climate change conference in Dubai, Sanwo-Olu highlighted that Lagos, with over 22 million residents, receives only 210 million gallons of its daily potable water needs of 700 million gallons.
Despite resource challenges, Sanwo-Olu emphasized the need to find solutions to this gap, particularly for underserved communities facing increased risks. He mentioned that Lagos requires less than 1% of the global $1.7 trillion clean water investment gap and expressed hope that discussions at the event would lead to sustainable solutions.
Governor Sanwo-Olu noted the impact of irregular electricity on installed capacity utilization, calling for equity in climate financing to cities like Lagos with large youth populations. He stressed the importance of equal access and accountability in channeling resources, advocating for a major focus on equity in the global response.
The theme of the event, “Valuing Water: A Lifeline in Climate Transition,” was organized by the Business and Philanthropy Climate Forum and Sustainable Market Initiative during the 28th session of the Conference of Parties (COP28) at Dubai Exhibition Centre. The Valuing Water roundtable at COP28 focused on increased investments in global clean water projects.
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