It’s getting hot: the UK has committed to climate action, but not to new funding Climate change


At the G7 summit in Cornwall, Boris Johnson expressed his intention to “bring back better for the world”, protect the natural environment and wildlife, and resolve the climate crisis. But he did not commit new funds to the initiative, and other G7 leaders showed little sign that they would move on. cash liabilities that negotiators said they were needed to help developing countries cope with climate emergencies.

Announcing the £ 500m to be spent on the Blue Planet Fund to protect oceans and coastal areas in poor countries, he said: “As democracies, we have a responsibility to help developing countries reap the benefits of clean growth through a fair and transparent system. . The G7 has an unprecedented opportunity to drive a car the global green industrial revolution, with the potential to transform the way we live.

Sir David Attenborough, a naturalist, told G7 leaders: “The natural world today is greatly diminished. Our planet is warming up fast … The decisions we make these decades – especially the decisions made by the most economically advanced nations – are the most important in human history. “

However, the £ 500 million commitment is not new money, it is contained in Conservative manifesto in 2019, and will come from £ 11.6 billion for climate finance that the UK has already agreed to spend over the next five years helping developing countries.

Sir David Attenborough.
Sir David Attenborough. Photo: David Parry / PA

Damian Green, a former de facto deputy prime minister, said: “The £ 500m Blue Planet Fund was announced last year and certainly has important work to do on biodiversity and conservation around the world. But today no new money is announced, which becomes a pattern after vaccine announcements i education for girls. ”

The G7 summit was to be an important staging ground on the way to vital UN climate talks later this year, convened Cop26, hosted by Johnson in Glasgow. The world’s richest democracies – Great Britain, USA, Japan, Canada, Germany, France, Italy and the EU – reaffirmed their intention is to keep global warming at a maximum of 1.5 ° C.

Along with their show obligations, they were also expected increase financial assistance to the developing world, to help poor countries reduce greenhouse gas emissions and cope with the effects of extreme weather. Rich countries pledged in 2009 to ensure that poor countries would receive $ 100 billion in climate finance by 2020, but that the goal has not yet been met.

The campaigns warned that developing countries would lose confidence in a rich world without new resources and would face growing difficulties in dealing with the climate crisis if long-standing promises are not fulfilled. They said the “better renew” plan is vague and only slightly more than a label containing few concrete measures.

Green blamed the failure to announce the new finances on government decision to reduce overseas aid, which has relieved pressure from other countries to devise new funding for the developing world.

He said: “The reduction of UK aid from 0.7% to 0.5% prevented finance ministers from agreeing on a financing plan before the start of this summit. So it is now up to the leaders, in the last 24 hours, to take out their checkbooks and decide how they will split the bill to pay the ambitions in the statement. “

John Sauven, CEO of Greenpeace in the UK, said: “Despite the green beeps, Johnson simply fueled old promises and charted his plan with hypocrisy, instead of taking real action to address climate and nature emergencies. Although the obligation to provide greater support to developing countries is absolutely vital, as long as they do not cough up money, we do not take anything for granted.

Rich countries’ gloomy dossiers to honor climate change commitments more than a decade ago, along with Britain’s decision to cut its aid budget, make it difficult to take the so-called “Bring Back to the World” plan with anything more than a pinch of salt . “

Downing Street said the British Blue Planet Fund would support countries, including Ghana, Indonesia and island nations on the Pacific island, in fighting unsustainable fishing, restoring coastal ecosystems such as mangrove swamps and coral reefs, and reducing sea pollution.

The G7 is also expected to approve a “natural compact” to halt and reverse biodiversity loss by 2030, in line with the global goal of protecting at least 30% of the land and 30% of the oceans by 2030 to ask all countries to apply by this year.

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