Other leading climate change advocates and diplomats called the overall climate package a mixed bag. of the European Climate Foundation who served as France’s chief climate ambassador during the 2015 Paris negotiations, said she was pleased that nations would stop financing new coal projects without technology to capture and store emissions. G7 nations this week also backed Mr. Biden’s sweeping infrastructure plan to counter China’s multi-trillion-dollar Belt and Road Initiative. As part of that, countries promised to help the developing world rebuild from the Covid-19 pandemic in a way that takes climate change into account. “The G7 announcement on climate finance is really peanuts in the face of an existential catastrophe,” said Malik Amin Aslam, Pakistan’s climate minister.

Source: International New York Times June 13, 2021 22:18 UTC