CALL FOR CLIMATE FINANCE. Climate activists led by the Asian Peoples’ Movement on Debt and Development march to the U.S. Embassy to call on G7 leaders to deliver climate financing.Climate activists marched to the U.S. Embassy to call on the leaders of the Group of 7 to deliver climate finance to developing countries in anticipation of the 50th G7 Summit on June 13.
The group noted extreme heat in South and Southeast Asia has forced school closures, strained power grids, disrupted food production, and caused deaths due to heat stroke.9.5 billion Under the UN Framework Convention on Climate Change, developed countries agreed to provide climate finance to cover the costs of developing countries’ climate programs and projects. Climate justice activists emphasize that climate finance must be adequate, public, and new and additional to other standing financial obligations of developed countries, such as official development assistance.