UK planning to drop its flagship $14.76 bln climate pledge: Report

The British government is planning to drop its flagship 11.6 billion pound ($14.76 billion) climate funding pledge, the Guardian reported on Tuesday.

A document given to the British Foreign Office, which was seen by the Guardian, said “Our commitment to double our international climate finance to 11.6 billion pounds was made in 2019, when we were still at 0.7 percent of GDP spent on international aid] and pre-COVID-19.”

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The British Foreign Ministry and the Britain government did not immediately respond to a Reuters request for comment.
Government officials calculated it would have to spend 83 percent of the total aid budget on the international climate fund to meet the 11.6 billion pound target by 2026. Civil servants wrote that this would “squeeze out room for other commitments such as humanitarian and women and girls,” the Guardian report added.
British Prime Minister Rishi Sunak’s climate policies have come under critique after British international environment minister Zac Goldsmith resigned last week, saying that Sunak was “uninterested” in environmental issues.
Goldsmith said Britain had “visibly stepped off the world stage and withdrawn our leadership on climate and nature.”
Britain’s climate advisers on the Climate Change Committee (CCC) also said last week that the nation has lost its position as a global leader on climate action and was not doing enough to meet its mid-century net zero target.
The CCC found that Britain had fallen behind in areasincluding improving energy efficiency in buildings, rolling outheat pumps, curbing emissions from industry and increasing the rate of tree planting, which must double by 2025.
Britain’s Met Office, its national weather service, saidyesterday that last month was the hottest June on record in thecountry, warning that human-induced climate change was makingsuch temperature records increasingly likely.

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