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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

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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.

See related article: GXO Receives UK Regulatory Clearance for Acquisition of Clipper Logistics PLC

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.

Source: Reuters

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