Okonjo Iweala says Global economy can reap $26 million by fighting climate change.

A former finance minister of Nigeria and Co-Chair of the Global Commission on the Economy and Climate, Ngozi Okonjo-Iweala, says fighting climate change can add $26 million to the world economy by 2030.

Okonjo-Iweala stated in New York that addressing climate change issues could generate more than 65 million new low-carbon jobs and avoid more than 700,000 premature deaths from air pollution.

Speaking at the 2018 Global Commission Report Launch at United Nations Headquarters, the former Nigerian minister said there was nothing to fear and everything to gain from combatting climate change.

Okonjo-Iweala’s statement formed part of the report by the Global Commission on the Economy and Climate, a body made up of former heads of governments and business and financial experts.

The report urges governments to act in the next two to three years across the five economic sectors of energy, cities, food and land use, water and industry.  (NAN)