G7 leaders commit to raise climate finance contributions

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CARBIS BAY, England: G7 leaders will commit on Sunday to increase their climate finance contributions to meet an overdue spending pledge of $100 billion a year to help poorer countries cut carbon emissions and cope with global warming.

As part of plans billed as helping speed the finance of infrastructure projects in developing countries and a shift to renewable and sustainable technology, the world's seven most advanced economies will again pledge to meet the target.

"Protecting our planet is the most important thing we as leaders can do for our people," Johnson said in a statement. That target was not met, derailed in part by the coronavirus pandemic which forced the British government to postpone the United Nations' Climate Change Conference until this year. "The natural world today is greatly diminished. That is undeniable. Our climate is warming fast. That is beyond doubt. Our societies and nations are unequal and that is sadly is plain to see," said British naturalist David Attenborough, the people's advocate for COP26.He said the question for 2021 was whether the world was on the verge of destabilising the planet.

 

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