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US to double climate finance again, but gap remains to $100 billion
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Sustainability
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The G7 countries aren’t just most of the world’s richest democracies. They’re also many of the world’s biggest carbon polluters.
Climate change is sure to be on the table at the annual G7 meeting in southwest England this week in particular, the need to make what UK prime minister Boris Johnson called in May “a substantial pile of cash” available for poorer countries that are bearing the brunt of climate impacts they did little to cause.
The G7 is already taking steps forward on climate
In the past two months, G7 governments have taken some important steps forward on climate finance. On May 21, the group’s environment ministers said they would “phase out new direct government support for carbon intensive international fossil fuel energy,” although they didn’t specify a timeline.