UN blasts world leaders for failing to seal £72bn-a-year deal on climate

(The Guardian, 20 Jun 2021) Financial aid ‘critical’ to help developing countries limit fossil fuels – and make Cop26 a success, says UN.

The head of climate change at the UN has warned that world leaders are still “far away” from securing a deal to limit the disastrous effects of global heating, with less than five months to go before a key summit in Glasgow.

Time is now running out, said Patricia Espinosa, who was formerly foreign minister of Mexico but now leads the UN on climate policy. She told the Observer that although advances had been made at the G7 meeting in Cornwall last weekend, progress had not been made on honouring past commitments to find $100bn (£72.5bn) a year to help developing countries invest in green technologies.

“We’re still very far away from being fully confident of having a full success at Cop26,” she said. The UN climate conference, opening on 31 October in Glasgow, is considered to be of special importance in the battle against global warming, which is now melting ice sheets, raising sea levels, destroying coral reefs and disrupting weather systems across the planet.

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The Guardian, 20 Jun 2021: UN blasts world leaders for failing to seal £72bn-a-year deal on climate

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