France and UK double pledges to UN green fund to $3.5bn

(Climate Change News, 28 Aug 2019) Announcements at the G7 meeting mean the countries join Germany and Norway with promises to double their initial contributions in the next funding round.

France and the UK became the third and fourth countries to pledge to double their contribution to the Green Climate Fund.

President Emmanuel Macron made the announcement in the final hours of the meeting of G7 leaders in Biarritz, on France’s Atlantic coast, on Monday evening.

France’s pledge to contribute $1.71 billion to the UN flagship climate fund came after the UK also promised to double its contribution to $1.75bn.

During the G7 meeting, Canada announced it would provide $224 million to the fund – matching the country’s previous offering.

Last year, both Germany and Norway committed to double the amount of money they would put into the fund, bringing the total amount of new money pledged to just under $6bn, according to a tracker by the World Resources Institute.

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Climate Change News, 28 Aug 2019: France and UK double pledges to UN green fund to $3.5bn