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COP26 summit: Focus turns to climate finance after a flurry of pledges

COP26 summit: Focus turns to climate finance after a flurry of pledges

Zee News
Monday, November 08, 2021 12:10:46 PM UTC

Britain, which is hosting the COP26 meeting, will again try to set the pace, announcing 290 million pounds ($391 million) in new funding, including support for countries in the Asia Pacific to deal with the impact of global warming.

GLASGOW: Governments will push for agreement on Monday on how to help vulnerable countries deal with global warming and compensate them for damage already done, a test of whether developing and rich nations can end a standoff over cash for climate change.

At the start of a crunch week for the UN climate talks in Glasgow, government ministers will get down to the nitty-gritty of trying to honour earlier promises to pay for climate-linked losses and damages and addressing questions of how best to help nations adapt to the effects of climate change.

Britain, which is hosting the COP26 meeting, will again try to set the pace, announcing 290 million pounds ($391 million) in new funding, including support for countries in the Asia Pacific to deal with the impact of global warming.

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