UK urged to take lead in helping poor countries fund climate action - News Summed Up

UK urged to take lead in helping poor countries fund climate action


Boris Johnson’s government must take the lead in giving poor countries access to the finance they need to tackle the climate crisis, to make vital climate talks a success, the UN’s development chief has said. The UK will need the support of more than 130 developing countries to make a success of the Cop26 UN climate summit, to be hosted in Glasgow this November. Cop26 comes at a crucial time, as developing countries face key decisions on how to help their economies recover from the Covid crisis. Steiner said: “It sends a very mixed signal, and makes developing countries very concerned. The World Bank recently estimated that 2.5% of this year’s debt service payments for poor countries, amounting to about $28bn, would be enough to vaccinate 2 billion people in the poor world.


Source: The Guardian March 29, 2021 09:00 UTC



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