 Lagos State's Governor Babaji De Somoulu has restated his administration's commitment to partnering the private sector and mitigating the impact of climate change as well as encouraging adaptation and development of sustainable bonds. Somoulu stated this at the opening ceremony of the 19th Lagos International Climate Change Summit held in Lagos, plus the V Correspondent, Lovie Koukou, or Yedokon tells us more in the report. The evidences that the climate is changing, flows, drought, heat waves and forest fires all become more extreme in recent years. In his new flagship report on climate change, the United Nations indicates that harmful carbon emissions from 2010 to 2019 have never been higher in human history. The body warned that it is a proof that the world is on a fast track to disaster, even as scientists argued that it is now or never to limit global warming to 1.5 degrees. New warned, the 9th Climate Change Summit organized by the Lagos State Government had experts looking forward in this whole, tinkering on the best way forward. The lead speaker, Professor Chukou Miriji Okerike strongly holds that transformative climate action could be remedia. What do we mean by transformative climate action? Four components. Number one, it has to be large-scale, it has to be bold, it has to be ambitious. Number two, it has to change entire system as opposed to just being tokenistic and marginal. Number three, it has to address the root causes of vulnerability. And number four, it has to be participatory. It is not the case that one action is transformative all across the board. Whether you're talking about infrastructural resilience building, integrated courses of management via our system, energy efficiency measures, a green building or green city design, it is about the scale and the tackling of the root causes and the participatory nature of it that makes it transformative. In his scale noted rise, Governor Sawonlu, represented by his deputy, Obafemi Hamzad, said Lagos State is dealing with climate change issues, thinking globally and acting locally. He urged Lagosians to join hands to build Lagos of their dreams and resilient future. The mainstreaming and integration of climate action into our growth, strategies, investment and institutional structure is a prerequisite and foundation for the mobilization of public and private sector financing to achieve net zero. It is therefore our view in Lagos that without the right structural foundations financing, we fail to achieve the desired goals. As we proceed from this opening ceremony into the summit proper, it is my sincere hope and believe that the deliberation we focus on ensuring that everything we do is homegrown and tailor made for a local context, while of course not losing sight of global best practices. That is, we must think globally, but we must act locally. Governor for Environment and Water Resources Tungibelu described the summit as an affirmative action in support of the role of the private sector in mitigating the effects of climate change and economic growth in Lagos. The climate action plan has opened a new frontier of funding opportunities for adaptation projects in the state. It may interest you to know that the state government through the midst of the environment and water resources has signed up up to 50 million pounds UK climate action implementation program which will support cities to accelerate implementation from the climate action plans. In a short while, Lagos will be benefiting from these funds in the energy and waste sectors. In their goodwill messages, special guests at the events said the impact of climate change is not only environmental, but also social, economical among others. They also said it was time to partner to launch the Lagos' green funds to combat climate change, implementing policies as well as improving emergency response. From Lagos, Love Ikuku Uyuduku, Plaks TV News.