UK Prime Minister David Cameron has announced his country will pledge £5.8 billion to the International Climate Fund between 2016 and 2012.
Speaking to a lunch of leaders at the UN in New York on Sunday, David Cameron pledged the UK would commit £5.8 billion from its existing 0.7% official development assistance (ODA) budget to the International Climate Fund (ICF) between April 2016 and March 2021.
“Back in January, I said 2015 should be the year we tackle extreme poverty and climate change,” said David Cameron, ahead of the UN meeting. “These two things go together and both have the potential to give security to future generations to come. So I’m delighted that this weekend we are adopting clear Global Goals to eradicate extreme poverty in the next 15 years but we can’t end poverty and promote sustainable development without addressing climate change.”
The move comes, unsurprisingly, in a long-build up to the UN climate talks to be held in Paris in December.
“That’s why it is so important that we secure an ambitious, global deal in Paris later this year that keeps our goal of limiting global warming by 2050 to 2 degrees within reach,” the Prime Minister continued. “The UK is determined to play its part, not just by cutting our emissions at home but by providing support overseas to those who need it, particularly the poorest and most vulnerable.”
Sunday’s meeting was organized by UN Secretary General Ban Ki-moon, alongside President Hollande of France and President Humala of Peru, and included around 30 leaders from around the world, including many from G20 countries. Their discussions were to focus on three key issues:
- ensuring that the Paris agreement sets outs a long term vision of setting out a long term vision of the transformation of the global economy towards a climate resilient, low carbon emissions future
- scaling up and unlocking capital for climate finance
- increasing concrete action on the ground to tackle climate change
Image Credit: David Cameron, via The Prime Minister’s Office, Flickr
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