Britain increased support for fossil fuel projects overseas to almost £2bn last year, marking an elevenfold increase over the previous 12 months. Backing for oil and gas operations in Oman, Kuwait, Brazil and other countries, amounted to more than a quarter of the total commitment by UK Export Finance (UKEF), the government agency responsible for promoting British exports with credit, guarantees, loans and insurance. The amount was more than double that committed to the high-emitting sector in any of the past four years, according to an analysis by the investigative environmental journalism outlet DeSmog UK. Britain claims to be a climate leader even as it promotes companies that contribute to greenhouse gases overseas. Last month MPs declared a climate emergency but faced criticism over climate plans deemed inadequate by environmentalists.
Guardian 27th June 2019 read more »
LOIS YOUNG: Small nations like Belize are being sacrificed at climate talks. For the 44 countries that I represent as chair of the Alliance of Small Island States (AOSIS), this represents a direct threat to our security, our economies and our cultures. For us, the science of climate change underpins everything we are working towards. It is the core of the Paris Agreement, the foundation of a commendable, but so far inadequate, global response. The science is important because it illustrates just how fine a line we are now treading. Last year’s special report by the Intergovernmental Panel on Climate Change lays out the stark and bleak realities of a warming world. Even if we keep the average temperature rise to 1.5C, we will see brutal damage to coral reefs, global crop failure, sea level rises locked in for centuries, and significant economic impacts.
FT 28th June 2019 read more »