In Cornwall last month, the prime minister hailed his £11.6bn climate commitment to the developing world – spread over 5 years – and vowed to pester other countries to stump up cash before Cop26 in Glasgow.
“We, as the rich nations of the Earth, we need to build our credibility with those countries in asking them to make cuts in CO2,” he said- in relation to contributions to a hoped-for $100bn UN annual fund.
“Because this country, which started the Industrial Revolution, is responsible for a huge budget of carbon that’s already in the atmosphere.”
But the government has now quietly conceded that the entire £11.6bn – worth around £2.3bn each year, between 2021 and 2026 – will come from official development assistance (ODA), the aid budget.
Boris Johnson s £11.6bn climate fund to be taken from aid budget - report
The United Nations had said climate funding should be new and additional
Prime Minister Boris Johnson during a press conference on the final day of the G7 summit in Cornwall (Image: PA Images)
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UK still plans in-person ‘last hope’ COP26 climate summit
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LONDON, May 15, 2021 (BSS/AFP) – Britain still plans to hold an in-person global climate summit in Glasgow later this year despite the pandemic, the event’s president said Friday, calling it the planet’s “last hope” of averting catastrophe.
COP26 will gather climate negotiators from 196 countries and the European Union, along with businesses, experts and world leaders in the Scottish city between November 1-12.
There has been growing speculation the landmark summit the biggest climate talks since the 2015 Paris negotiation could be held virtually as coronavirus continues to ravage countries around the world.
COP26 boss Alok Sharma will urge world leaders to 'rise to the occasion and not be found wanting in their tryst with destiny' ahead of the global summit in Glasgow in November