G7: What was (and wasn’t) agreed by world leaders to combat the climate crisis. From “green Marshall Plans” and net-zero energy sectors to a lack of clarity on green spending and transport decarbonisation, edie rounds up what was and wasn’t agreed at the G7 Summit.
Edie 13th June 2021 read more »
The UK, Germany and USA have today announced new action to scale up protection for the world’s most vulnerable communities against the impacts of climate change. A package of support, including £120 million in new funding from the UK and €125 million in new funding from Germany, will enable quicker responses for vulnerable people when extreme weather and climate-linked disasters hit. Pre-arranged financing for vulnerable communities will help build the systems needed to reach the poorest people quickly, such as payments when harvest fail. This will protect those most at risk and help reduce losses and damage to communities, infrastructure and livelihoods caused by climate change. It comes ahead of the UK’s hosting of the COP26 climate conference in Glasgow, in November 2021 which must make progress on helping poor communities adapt to climate change.
FCO 13th June 2021 read more »
G7 leaders have pledged to finance a “green industrial revolution” across the world with a fund to support the decarbonisation of developing countries. Billed as the West’s riposte to the Chinese “belt and road” initiative that has funded billions of pounds of infrastructure projects in Africa, the leaders agreed yesterday to set up a rival scheme to leverage public and private finance to tackle climate change. They also agreed to raise their contributions to meet an overdue spending pledge of $100 billion a year by rich countries to cut carbon emissions and cope with global warming in the developing world. Only Canada and Germany, however, offered firm promises of more cash.
Times 14th June 2021 read more »
G7 leaders face some of the most important decisions in human history as they tackle the climate change crisis, Sir David Attenborough said as the summit in Cornwall draws to a close. The environmentalist will address leaders gathered in Carbis Bay on the final day of the summit, as they set out plans to reverse biodiversity loss and to fund infrastructure development around the world. Ahead of the meeting, Sir David warned that humans could be “on the verge of destabilising the entire planet”.
iNews 13th June 2021 read more »
Telegraph 13th June 2021 read more »