Prime Minister promises to put climate and finance commitments front and centre of upcoming G7 summit in Cornwall. Boris Johnson has urged wealthier countries to provide a “substantial pile of cash” to support climate vulnerable nations, in order to help boost the chances of positive talks and a landmark climate deal at the crucial COP26 Summit in Glasgow later this year. Offering some of his strongest comments yet on the need for an increase in climate finance pledges from governments, the UK Prime Minister yesterday called on leaders of richer economies to play their part in collectively delivering on the Paris Agreement goal of providing at least $100bn a year to help developing nations mitigate and adapt to global warming, a target which is still a long way from being met.
Business Green 7th May 2021 read more »
Rich countries must use the upcoming G7 summit in Cornwall to announce fresh climate finance pledges or risk the COP26 climate summit failing, UN Secretary General Antonio Guterres has warned. Speaking to world leaders today at a climate summit hosted by Germany, Mr Guterres said the success of the upcoming climate conference in Glasgow “rests on achieving a breakthrough on adaptation and finance”. The UN conference is widely seen as the most important climate summit since 2015, and a crucial moment for the world to get on track for ‘net zero’ emissions.
iNews 6th May 2021 read more »
Why rich nations are feeling the heat on climate funding ahead of G7 summit. Boris Johnson has promised to use next month’s G7 summit to ‘secure a substantial pile of cash’ for poorer nations battling the climate crisis. In a speech made to other leaders on Thursday, Boris Johnson called on all rich nations to “put our money where our mouth is” when it comes to funding climate action.
Independent 7th May 2021 read more »