All foreign aid cash ‘will help climate’
THERESA May yesterday committed Britain’s entire £14billion aid budget to helping combat climate change.
In another significant ‘legacy announcement’ ahead of her leaving office, Downing Street said ‘every penny’ of support for developing countries will have to pass stringent environmental tests.
It means new money will be committed to projects only if they help developing countries move towards lower carbon dioxide emissions. Bids for new cash could be rejected if they result in too much pollution.
Mrs May has put fighting climate change at the centre of her agenda in recent weeks. Today she will tell G20 leaders at the summit in Osaka, Japan, that the world is ‘running out of time’. She will say they are the ‘last generation of leaders with the power to limit global warming’.