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