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UK pledges more than $115 million to developing economies to tackle climate change

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UK pledges more than $115 million to developing economies to tackle climate change By Reuters

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Economy 4 minutes ago (Nov 07, 2022 09:30)

© Reuters. FILE PHOTO: British Secretary of State for Foreign, Commonwealth and Development Affairs James Cleverly walks at Downing Street, on the day of a cabinet meeting, in London, Britain, October 26, 2022. REUTERS/Hannah Mckay

LONDON (Reuters) -Britain’s foreign minister James Cleverly on Monday will announce investments of more than 100 million pounds ($115 million) to support developing countries in their fight against the impact of climate change.

“Mr Cleverly will also argue that long-term prosperity depends on taking action on climate change and ramping up investment in renewable energy across the world,” Britain’s foreign ministry said.

The foreign minister is in Sharm el-Sheikh, Egypt, at the COP27 climate conference.

“Now is the time for all countries to step up their action on climate change and deliver the tangible change needed,” Cleverly said in a statement.

($1 = 0.8728 pounds)

UK pledges more than $115 million to developing economies to tackle climate change

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