UK gives £3bn of climate finance to nature & biodiversity: Prime Minister Boris Johnson has made a promise to invest as much as £3 billion of international climate finance on nature and biodiversity covering the next 5 years.

Programmes assisted by the funding will contain the flagship Blue Planet Fund for marine conversation, plans to keep up forests & combat the illegal timber trade and deforestation including actions to conserve habitats such as mangroves that protect societies from the impacts of climate change.

The funding will be set aside from the UK’s current commitment of £11.6 billion for international climate finance.

It is forecast to help make the change towards sustainable food production & supply while encouraging the livelihoods of the world’s poorest.

The prime minister made the statement at the One Planet Summit – a leader-rank virtual event assembled by France – earlier on this week.

He approached a session on Financing for Biodiversity to challenge other countries to increase their amount of enthusiasm on funding for nature & to mobilise public and private backing for sustainable resolutions to climate change.

Ahead of the Summit, Mr Johnson stated: “We will not achieve our goals on climate change, sustainable development or preventing pandemics if we fail to take care of the natural world that provides us with the food we eat, the water we drink and the air we breathe.

“The UK is already leading the way in this area, committing to protect 30% of our land and ocean by the end of the decade and pledging at least £3 billion today to supporting nature and biodiversity. We must work together as a global community to drive the ambitious change and investment we need to protect our shared planet and the glorious, rich and diverse life within it.”

UK gives £3bn of climate finance to nature & biodiversity

, , , , , , , , , , ,
Previous Post
National Grid ESO acclaim 2020 as greenest for Britain
Next Post
UK household energy bills to see rise end of January

Related Posts

GM says goodbye to diesel & petrol vehicle manufacturing

GM says goodbye to diesel & petrol vehicle manufacturing: General Motors (GM) has reported it will end diesel & petrol vehicle production by 2035 and will exclusively sell electric vehicles (EVs). This comes as a part of the manufacturer’s new promise to evolve into carbon-neutral by 2040. GM, whose portfolio contains the Chevrolet & Cadillac…
Read More

Scotland to run its 1st hydrogen propelled train at COP26

Scotland to run its 1st hydrogen propelled train at COP26: Scotland may have what is reported to be its 1st hydrogen-powered train functioning amid COP26 in Glasgow over November. The British hydrogen tech firm Arcola Energy & a group of industry leaders in hydrogen fuel cell unification, rail engineering & practical safety have been selected…
Read More

Subscribe to our newsletter!

You have successfully subscribed to the newsletter

There was an error while trying to send your request. Please try again.

British Utilities will use the information you provide on this form to be in touch with you and to provide updates and marketing.