Climate Change Interventions and Sustainable Economic Development in Nigeria, A Case for Ingenious Approach

Climate change has continued to pose a huge threat to humanity as both lives and livelihoods are subjected to its effects globally. Consequently, the United Nations have rallied state actors annually since 1994 to seek ways of mitigating the adverse effects of climate change. A major outcome of these meetings is the Paris Agreement of 2015. Part of the provisions of this agreement is the commitment by the industrialized countries to provide USD100 billion annual intervention to the developing countries, to facilitate the achievement of their Nationally Determined Contributions (NDC) targets. The extent to which Nigeria has accessed these interventions from the industrialized countries and the development partners towards achieving these NDC targets is the focus of this study. The study therefore was guided by this research question: how have the climate change interventions from donor agencies and development partners impacted Nigeria’s sustainable economic development? Descriptive Research design was adopted for the study. The documentary method of data collection and content analytical method were used to generate and analyze data for this study. The study found that interventions accessed by the Nigerian state came predominantly as foreign loans. These loans imposed heavy debt burdens on the country’s economy. The study recommends that Nigeria should be inventive and inward looking in her quest for sustainable development.