Viet Nam News

British PM Johnson cautious over fulfilling UN climate fund pledges

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LONDON Forcing wealthy nations to honour their UN climate fund pledges this week will "be a stretch", British Prime Minister Boris Johnson admitted on Sunday ahead of a meeting with global leaders aiming to do just that.

At the 2009 Copenhagen climate conference, rich nations promised to provide annual funding of US$100 billion from 2020, for poorer nations to counteract the effects of climate change.

The Organisati­on for Economic Co-operation and Developmen­t has said progress has been "disappoint­ing", with developing countries receiving $79.6 billion in 2019.

"I think getting it all done this week is going to be a stretch," Johnson told reporters as he travelled to New York on Sunday to attend the UN General Assembly (UNGA), according to PA news agency.

He added that he saw the chances of getting it done before COP26 climate summit in Glasgow in November as "six out of 10".

"It's going to be tough but people need to understand that this is crucial for the world," he said.

He added that there were "real signs of progress" from China, the world's biggest emitter of carbon dioxide, even as COP26 president Alok Sharma said on Sunday that Chinese President Xi Jinping had not yet confirmed his attendance at the conference.

Johnson would convene Monday's meeting of leaders along with UN Secretary-general Antonio Guterres.

"We only have a short time left. World leaders must deliver on their climate commitment­s ahead of @ COP26," Johnson said in a tweet.

The UN climate fund is the main financing tool for the Paris Agreement, which calls for capping the rise in global temperatur­es at "well below" two degrees Celsius, and 1.5 degrees Celsius if possible.

The treaty calls for billions of dollars annually for poor nations already coping with floods, heatwaves, rising seas and superstorm­s made worse by climate change.

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