Connect with us

Hi, what are you looking for?

World

G7 agrees to increase climate finance, calls on others to join, World News & Top Stories


CARBIS BAY, ENGLAND (REUTERS) – The Group of Seven nations agreed on Sunday (June 13) to increase their climate finance contributions and meet an overdue spending pledge of US$100 billion (S$132.5 billion) a year to help poorer countries, calling on other developed countries to join the effort.

In a copy of a joint communique following a weekend meeting of the world’s seven largest advanced economies, the G7 said: “We reaffirm the collective developed countries goal to jointly mobilise $100 billion/year from public and private sources, through to 2025, in the context of meaningful mitigation actions and transparency on implementation.”

“Towards this end, we commit to each increase and improve our overall international public climate finance contributions for this period and call on other developed countries to join and enhance their contributions to this effort.”

More to come





Source link

Leave your vote

Comments

0 comments

You May Also Like

Politics

Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae.

Finance

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.

Finance

Neque porro quisquam est, qui dolorem ipsum quia dolor sit amet, consectetur, adipisci velit, sed quia non numquam eius modi tempora.

World

Neque porro quisquam est, qui dolorem ipsum quia dolor sit amet, consectetur, adipisci velit, sed quia non numquam eius modi tempora.

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.