United Nations: Britain’s Prime Minister Boris Johnson has asked leaders of the world’s major economies, including the United States, to meet their commitments to a $100 billion per year climate fund with less than six weeks to go before a UN climate summit. urged to do.
Johnson and UN Secretary-General Antonio Guterres hosted a roundtable of world leaders on Monday to address key gaps on emissions targets and climate finance.
“A lot of major economies — some represented here today, some absent — are far behind,” Johnson said. “I will emphasize again – for this we need to find 100 billion dollars to the developed countries.”
Leaders and representatives from a few dozen countries representing industrialized countries, emerging economies and vulnerable developing countries are involved in the closed-door meeting during the annual High Level Week of the UN General Assembly.
Those attending the Round Table Conference included the United States, China, India, European Union countries as well as Costa Rica, the Maldives, and a mix of developing and middle-income countries and industrialized nations.
Johnson told reporters he hoped the United States could fulfill its promise to raise its share of money toward the $100 billion annual goal, but “we’ve been here before” and “we don’t count our chickens”. are doing.”
US climate envoy John Kerry, who represented the United States at Monday’s meeting, said Washington would provide more climate aid before October 31-November. 12 COP26 Climate Change Conference in Glasgow, Scotland.
“The United States is vitally important. It will send powerful signals to the world at large,” Johnson said.
‘encouraging’
The roundtable discussion aims to ensure a successful outcome at the conference, even as reports show major economies shied away from their emissions reduction targets and climate finance commitments.
UN analysis of countries https://www.reuters.com/business/environment/countries-emissions-pledges-still-fall-short-global-climate-goals-un-says-2021-09-17/?taid= 6144e5d3a5c42200013c48c3&utm_campaign=trueanthem&utm_medium=trueanthem&utm_source=Twitter released Friday under the Paris Agreement on Climate showed that global emissions will be 16% higher in 2030 than in 2010 – far from a 45% reduction by 2030, scientists say to prevent catastrophic Climate change is necessary.
Another report released Friday by the Organization for Economic Co-operation and Development said rich countries missed last year’s goal of contributing $100 billion to climate change after raising funding by less than 2% in 2019.
Guterres told reporters after the roundtable that he heard “encouraging announcements” about increasing financial aid to developing countries to help combat climate change.
“Will the developed world eventually provide $100 billion in annual aid to developing countries? We are not there yet. But today there have been encouraging announcements in this regard.”
Guterres’ Special Adviser Selvin Hart said Guterres also pressured donor countries and multilateral development banks to increase the share of finance dedicated to helping countries adapt to climate change to 50% from the current level of 21%. Show progress towards meeting your goal. Climate action.
A report released by Oxfam on Monday projected that wealthy governments will continue to miss the $100 billion target and reach only $93 billion to $95 billion a year by 2025—five years after meeting the target, climate- Depriving vulnerable countries of between $68 billion and $75 billion in total over the six-year target period.
Grenada’s Climate Resilience Minister Simon Steele said that in the weeks between now and the summit, the G20 grouping of the world’s largest economies is under pressure to increase its domestic emissions reduction targets and commitments to mobilize international climate aid .
“If you look at the role of the G20 in the global discussion, they generate 80% of global emissions and make up 85% of global GDP. They have the wealth and the technology to do the work.”
Action by G20 countries “could move the needle” in terms of meeting the goals of the Paris climate agreement, Steele said.
Guterres told Reuters in an interview last week that the gap between developing and developed countries puts the summit at risk of failure.
“There is still a level of mistrust between North and South, developed and developing countries, which needs to be addressed,” Guterres said.
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