Rich Countries Must Update Financial Vows To Tackle Climate Crisis: UN

"Patricia Espinosa says fulfilling $100bn-a-year promise must be top priority to support developing world"

"Rich countries must step up with fresh financial commitments to help the developing world tackle the climate crisis, the UN’s climate chief has said.

Patricia Espinosa, executive secretary of the UN framework convention on climate change, said fulfilling pledges of financial assistance made a decade ago must be the top priority before vital climate talks – Cop26 – later this year.

She said: “Promises made must be promises kept. The pledges must be honoured and updated. The obligations to support the efforts of developing countries cannot and will not be ignored – it is in the self-interest of the developed countries to fulfil these commitments.”"

Fiona Harvey reports for the Guardian February 4, 2021.

Source: Guardian, 02/05/2021