To counter China, G7 leaders agree increased climate finance

Some green groups were unimpressed with the climate pledges, with Greenpeace UK saying host British Prime Minister Boris Johnson had "simply reheated old promises".

14 June 2021 | International



G7 leaders were expected on Sunday to commit to increasing their climate finance contributions to meet an overdue spending pledge of $100 billion a year to help poorer countries cut carbon emissions and cope with global warming.

As part of plans billed as helping speed the finance of infrastructure projects in developing countries and a shift to renewable and sustainable technology, the world's seven most advanced economies will again pledge to meet the target.

At the G7 summit in southwestern England, there was a clear push by the leaders to try to counter China's increasing influence in the world, particularly in developing nations.

They signalled their desire to build a rival to Beijing's multi-trillion-dollar Belt and Road initiative but the details were few and far between.

Some green groups were unimpressed with the climate pledges, with Greenpeace UK saying host British Prime Minister Boris Johnson had "simply reheated old promises" and that it would take "nothing for granted" until nations came up with the money.

"Protecting our planet is the most important thing we as leaders can do for our people," Johnson said in a statement.

"As democratic nations we have a responsibility to help developing countries reap the benefits of clean growth through a fair and transparent system. The G7 has an unprecedented opportunity to drive a global Green Industrial Revolution, with the potential to transform the way we live."

It gave no details of or numbers for the new commitments.

A spokesman for Johnson confirmed that all the G7 nations would up their contributions and said he expected the individual nations to set out the size of the increases "in due course".


Developed countries agreed at the United Nations in 2009 to together contribute $100 billion each year by 2020 in climate finance to poorer countries, many of whom are grappling with rising seas, storms and droughts made worse by climate change.

That target was not met, derailed in part by the coronavirus pandemic which forced the British government to postpone the United Nations' Climate Change Conference (COP26) until this year.

G7 leaders are also expected to set out action to cut carbon emissions, including measures such as ending almost all direct government support for the fossil fuel energy sector overseas and phasing out petrol and diesel cars.

"The natural world today is greatly diminished. That is undeniable. Our climate is warming fast. That is beyond doubt. Our societies and nations are unequal and that is sadly is plain to see," said British naturalist David Attenborough, the people's advocate for COP26.

Attenborough addressed leaders via video message yesterday.

He said the question for 2021 was whether the world was on the verge of destabilising the planet. "If that is so, then the decisions we make this decade - in particular the decisions made by the most economically advanced nations - are the most important in human history."

Greenpeace UK's executive director, John Sauven, described the track record of rich nations in honouring their commitments as "dismal" and Johnson of failing to take "real action to tackle the climate and nature emergency".

"While commitments to provide more support to developing nations are absolutely vital, until they cough up the cash, we're taking nothing for granted," he said in a statement.

Similar News


Cabinet instructs home affairs to repatriate Burundians

2 days ago - 26 July 2021 | International

NAMPAWINDHOEKCabinet has directed the immigration ministry to enter into an agreement with the Burundian government and the United Nations High Commission for Refugees (UNHCR) which...

Ethiopia's Amhara boss urges residents to fight Tigray rebels

2 days ago - 26 July 2021 | International

AFPADDIS ABABAEthiopia's Amhara region on Sunday called on all armed residents to mobilise for battle against rebels from conflict-hit Tigray, calling it a "survival campaign",...

France: Macron calls for unity after anti-vaccine protests

2 days ago - 26 July 2021 | International

ASSOCIATED PRESSPARISFrench President Emmanuel Macron appealed for national unity and mass vaccination to fight the resurgent virus, and lashed out at those fuelling anti-vaccine sentiment...

SA ramps up vaccine drive

2 weeks ago - 12 July 2021 | International

NAMPA/APJOHANNESBURGSome in wheelchairs, others on canes, hundreds of South Africans waited recently on the ramps of an open-air Johannesburg parking garage to get their Covid-19...

China vows retaliation after US blacklists companies

2 weeks ago - 12 July 2021 | International

NAMPA/APBEIJINGChina on Sunday said it will take “necessary measures' to respond to the UD blacklisting of Chinese companies over their alleged role in abuses of...

New Mexico town eyes economic lift-off from Virgin Galactic...

2 weeks ago - 12 July 2021 | International

NAMPA/REUTERSNEW MEXICOAs the first passenger rocket plane gears up for take-off, a sleepy desert town near Spaceport America in New Mexico is hoping for a...

Germany to donate all remaining AstraZeneca vaccines in Aug

2 weeks ago - 09 July 2021 | International

NAMPA/REUTERSBERLINGermany will give all its remaining doses of the AstraZeneca coronavirus vaccine to less developed countries in August, the government decided on Wednesday.The cabinet decided...

Exiled Turkish journalist attacked in Germany

2 weeks ago - 09 July 2021 | International

NAMPA/APTURKEYA Turkish journalist, who is critical of President Recep Tayyip Erdogan's government and has been living in exile in Germany, was injured after being attacked...

Chinese port city Qingdao launches fight against algae bloom

2 weeks ago - 09 July 2021 | International

NAMPA/APBEIJINGThe northern Chinese port city of Qingdao has deployed thousands of boats and powered scoops to deal with a massive algae bloom that is threatening...

Namibia, Angola set up livestock fence committee

1 month - 28 June 2021 | International

NAMPAWINDHOEKNamibia has set up a technical committee that will work with the Angolan counterparts to construct a livestock fence along the Namibia-Angola border.According to a...

Latest News

Fighting the fire of discontent

17 hours ago | Economics

Jo-Maré Duddy – Although Namibia shares a similar volatile cocktail of high inequality, poverty, unemployment, corruption and waning trust in political powers than South Africa,...

Livestock marketing gaining momentum

17 hours ago | Economics

PHILLEPUS UUSIKUDue to the unavailability of animals in the market for the month of April 2021, there was a massive decline in the number of...

Covid: Come to work even...

17 hours ago | Health

TUYEIMO HAIDULA OSHAKATIThe health ministry has ordered its staff members in the north to...

African central banks to hold...

17 hours ago | Economics

VUYANI NDABAMajor sub-Saharan African central banks are expected to keep interest rates on hold this week as the region's recovery lags the rest of the...

EDITORIAL: ACC reappointments discouraging

17 hours ago | Opinion

First things first: No sitting president should be appointing the anti-corruption boss in any constitutional democracy. It compromises ethics, impartiality and – perhaps most importantly...

Taxing ­rendering ­services outside ­Namibia

17 hours ago | Business

Stefan SwartzHave you and your employer been in a position where the services you perform, as part of your trade, had to be performed to...

Africa demands local production of...

17 hours ago | Economics

Global pharmaceutical firms should license production of Covid-19 vaccines in Africa rather than just do piecemeal contract deals, an African Union special envoy has said.By...

Crash near Henties kills govt...

17 hours ago | Accidents

Staff Reporter Henties Bay A 49-year-old man died in an accident on the C-34 road yesterday.According to the Namibian police’s Erongo commander...

AstraZeneca keeps eluding Namibia

17 hours ago | Health

JEMIMA BEUKES WINDHOEKGovernment has expressed serious concern with the perpetual delays of AstraZeneca Covid-19 vaccine delivery, which has now put the...

Load More