G7 summit: Leaders pledge climate action but disappoint activists
The G7 nations have agreed to step up action on climate change and renewed a pledge to raise $100bn a year to help poor countries cut emissions.
After a summit in Britain, G7 leaders also promised to help developing countries move away from coal.
UK Prime Minister Boris Johnson, who hosted the three-day meeting, said on Sunday: “We were clear this weekend that action needs to start with us.”
However some environmental groups said the promises lacked detail.
Developed countries agreed in 2009 to contribute $100bn a year in climate finance to poorer countries by 2020. But the target was not met, in part because of the Covid pandemic.
While the G7 agreed to raise contributions to meet the target, Teresa Anderson, from Action Aid said: “The G7’s reaffirmation of the previous $100 billion a year target doesn’t come close to addressing the urgency and scale of the crisis.”
Catherine Pettengell, director at Climate Action Network, told Reuters news agency: “We had hoped that the leaders of the world’s richest nations would come away from this week having put their money their mouth is.”