To counter China, G7 leaders agree increased climate finance By Reuters – Investing.com
- Date: 13-Jun-2021
- Source: Investing.com
- Sector:Economy
- Country:Middle East
To counter China, G7 leaders agree increased climate finance By Reuters – Investing.com
By Elizabeth Piper
CARBIS BAY, England (Reuters) -G7 leaders will commit on Sunday to increase their climate finance contributions to meet an overdue spending pledge of $100 billion a year to help poorer countries cut carbon emissions and cope with global warming.
As part of plans billed as helping speed the finance of infrastructure projects in developing countries and a shift to renewable and sustainable technology, the world's seven most advanced economies will again pledge to meet the target.
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