Article NT7B UK's £6bn climate finance pledge is welcome – but not its fair share

UK's £6bn climate finance pledge is welcome – but not its fair share

by
Karl Mathiesen
from on (#NT7B)

Analysis suggests France and Germany will be giving about twice as much in 2020 - and other aid budgets may lose out so the UK can pay its climate debt

The UK's 5.8bn ($8.8bn) pledge to help poor nations cope with climate change falls short of the country's fair share of the burden and the efforts of other European leaders, campaigners have said.

The announcement increases the UK's climate aid by 50% over the five years between 2016 and 2021. Significantly, it will also be scaled up, so that by 2020 the annual finance is 1.76bn ($2.68bn), or close to double the current annual funding.

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