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

(The Guardian, 29 Mar 2021) UN development chief says access to finance is vital if upcoming Cop26 climate talks are to be a success.

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.

Ministers from around the world will meet virtually this week at a conference hosted by the UK to discuss the needs of developing nations struggling to cut their greenhouse gas emissions, as their economies have been left reeling by the Covid pandemic.

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. But relationships with poor nations have been hit by the government’s decision to slash overseas aid by billions of pounds.

Achim Steiner, the administrator of the UN Development Programme (UNDP), urged governments to show the same will to tackle climate breakdown as they were showing with the recovery from the pandemic. He said: “We need to arrive at a mindset like the Marshall plan, a bigger vision that we need to recover [from Covid-19] together, a new investment paradigm for a global economy, not an aid or charity paradigm.”

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The Guardian, 29 Mar 2021: UK urged to take lead in helping poor countries fund climate action

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