UK PM Johnson calls on rich countries to meet $100 billion climate pledge

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By Reuters
UK PM Johnson calls on rich countries to meet $100 billion climate pledge
UK PM Johnson calls on rich countries to meet $100 billion climate pledge   -   Copyright  Thomson Reuters 2021   -  

<div> <p><span class="caps">LONDON</span> -British Prime Minister Boris Johnson called on Monday for wealthy countries to meet a pledge to spend $100 billion a year to tackle climate change as he prepares to host a United Nations summit starting at the end of October.  </p> <p>Johnson and U.N. Secretary-General António Guterres will hold a roundtable of world leaders on Monday to get rich countries to deliver on the unmet pledge, made in 2009.</p> <p>“Richer nations have reaped the benefits of untrammelled pollution for generations, often at the expense of developing countries,” Johnson said in a statement. </p> <p>“As those countries now try to grow their economies in a clean, green and sustainable way we have a duty to support them in doing so – with our technology, with our expertise and with the money we have promised.”</p> <p>A report released on Friday by the Organisation for Economic Co-operation and Development said that rich countries likely missed a goal to contribute $100 billion last year to helping developing nations deal with climate change after increasing funding by less than 2% in 2019.</p> <p>In messaged comments from his climate round-table speech on Monday, Italian Prime Minister Mario Draghi said the $100 billion pledge had to be fulfilled.</p> <p>He also said current measures on curbing global greenhouse gas emissions were insufficient.</p> <p>“All this is clear: this is far from the trajectory needed to reach net zero by 2050,” he said. </p> <p>A U.N. analysis of country pledges under the Paris climate agreement released last week said that under current national pledges, global emissions would be 16% higher in 2030 than they were in 2010 – far off the 45% reduction by 2030 that scientists say is needed to stave off disastrous climate change.</p> <p>Without more ambitious commitments, global temperatures could hit 2.7C above pre-industrial levels by the end of the century, the U.N. said. </p> </div>