Author

Hanifa BabaSadiq

Governance

The Nigerian Contingent to COP 28: Too Many or too Few?

However, the World Bank has agreed to act as administrator for at least four initial years. Additionally, nations that should pay in have been named, including the US, UK and EU. These wealthiest nations will be “urged” to contribute their fair share, while rapidly developing nations with major economies, like China, will be “encouraged” to pay in. There is not yet a set target for how much should be provided and by when.