France pledges $7 billion per year to help underdeveloped countries achieve ecological transitions

Author : fannimobile
Publish Date : 2021-10-31 00:00:00


France pledges $7 billion per year to help underdeveloped countries achieve ecological transitions

France will devote $7 billion a year to help developing and underdeveloped countries achieve ecological transitions, French President Macron said Sunday as the delegates were gathering for the COP26 climate conference in Glasgow, Scotland.

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“I have a clear message: COP26 can succeed, it must succeed!” Macron said in a series of posts on Twitter. “The COP26 will succeed if the countries with the most resources mobilise 100 billion dollars to support the transition of the countries that have less.”
Earlier in the day: During his meeting with the UK Prime Minister Boris Johnson, Macron told the British leader that France is ready to support the British presidency at the conference, as the two governments try to de-escalate their recent fishing disputes.

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“The commitment of France and the United Kingdom to climate is indeed a factor of rapprochement between the two countries,” said an Élysée press release published after the meeting. 


9 min ago
Leaders will need to agree on these points at COP26
From CNN's Ivana Kottasová

As G20 leaders struggle to pin down a collective declaration on climate in Rome, here's what needs to happen at the COP26 in Glasgow.

Alok Sharma, the president of COP26, has said he wants this year's conference to reach an agreement on a number of key targets, including:

Keeping the goal of "1.5 alive," a target that some fossil fuel-producing countries have resisted -- at least in terms of strengthening language around it in any agreement.
Putting an end date on the use of "unabated" coal, which leaves open the possibility to keep using some coal, as long as the majority of greenhouse gas emissions from the fossil fuel are captured, preventing them to enter the atmosphere. Some scientists and activists groups have said all coal should be consigned to history.
Providing $100 billion of annual climate financing, which wealthy nations agreed to, in order to help developing countries reduce fossil fuel emissions and adapt to the impacts of the crisis.
Making all new car sales zero emissions within 14-19 years.
Ending deforestation by the end of the decade, as forests play a crucial role in removing carbon from the atmosphere.
Reducing emissions from methane, a potent gas with more than 80 times the warming power of carbon dioxide.
Some context: COP26 couldn’t come at a more crucial time.

This past year of deadly wildfires and floods in many parts of the world has left little doubt that climate change is here now, and is touching all corners of the Earth.

A state-of-the-science report published by the UN in August showed that the world is warming faster than scientists previously thought, and that slashing greenhouse gas emissions by at least half this decade is crucial to staving off the more catastrophic impacts of the climate crisis. An agreement on how to achieve this dramatic reduction is one of the key goals of the meeting.


28 min ago
COP26 kicks off in Glasgow on an optimistic note
From CNN's Ivana Kottasová in Glasgow

President for COP26, Alok Sharma, speaks on stage during the opening ceremony of COP26 at SECC on October 31, in Glasgow, Scotland.
President for COP26, Alok Sharma, speaks on stage during the opening ceremony of COP26 at SECC on October 31, in Glasgow, Scotland. Christopher Furlong/Getty Images
COP26 has officially started in Glasgow.

The opening ceremony began with a minute’s silence for victims of the Covid-19 pandemic. 

The COP presidency was then ceremonially handed over from Carolina Schmidt, Chile’s Minister of the Environment and the COP25 president, to Alok Sharma, a British Member of Parliament and the President of COP26.

The presidency of COP rotates among the five regional groups, designated as Africa, Asia, Eastern Europe, Latin America and the Caribbean, Western Europe and Other.

The "Other" states group includes Australia, Canada, Iceland, New Zealand, Norway, Switzerland and the United States of America.

In his opening speech, Sharma struck an optimistic note, saying: “We know what we need to do. Because six years ago in Paris, we agreed our shared goal. We said we will protect people and nature from the effects of climate change."

"We can move the negotiations forward or we can move on increasing ambitions. So let's come together these two weeks and ensure that what Paris promised Glasgow delivers," Sharma said.

Schmidt used her outgoing speech to send a message to the G20 leaders, most of whom are in Rome at the G20 summit.

“The success of COP26 will be assessed in three areas: (emission cutting) ambitions, finance and rules … I would like to appeal to the leaders of G20, I urge you to fulfil your commitments,” Schmidt said.
France will devote $7 billion a year to help developing and underdeveloped countries achieve ecological transitions, French President Macron said Sunday as the delegates were gathering for the COP26 climate conference in Glasgow, Scotland.

“I have a clear message: COP26 can succeed, it must succeed!” Macron said in a series of posts on Twitter. “The COP26 will succeed if the countries with the most resources mobilise 100 billion dollars to support the transition of the countries that have less.”
Earlier in the day: During his meeting with the UK Prime Minister Boris Johnson, Macron told the British leader that France is ready to support the British presidency at the conference, as the two governments try to de-escalate their recent fishing disputes.

“The commitment of France and the United Kingdom to climate is indeed a factor of rapprochement between the two countries,” said an Élysée press release published after the meeting. 


9 min ago
Leaders will need to agree on these points at COP26
From CNN's Ivana Kottasová

As G20 leaders struggle to pin down a collective declaration on climate in Rome, here's what needs to happen at the COP26 in Glasgow.

Alok Sharma, the president of COP26, has said he wants this year's conference to reach an agreement on a number of key targets, including:

Keeping the goal of "1.5 alive," a target that some fossil fuel-producing countries have resisted -- at least in terms of strengthening language around it in any agreement.
Putting an end date on the use of "unabated" coal, which leaves open the possibility to keep using some coal, as long as the majority of greenhouse gas emissions from the fossil fuel are captured, preventing them to enter the atmosphere. Some scientists and activists groups have said all coal should be consigned to history.
Providing $100 billion of annual climate financing, which wealthy nations agreed to, in order to help developing countries reduce fossil fuel emissions and adapt to the impacts of the crisis.
Making all new car sales zero emissions within 14-19 years.
Ending deforestation by the end of the decade, as forests play a crucial role in removing carbon from the atmosphere.
Reducing emissions from methane, a potent gas with more than 80 times the warming power of carbon dioxide.
Some context: COP26 couldn’t come at a more crucial time.

This past year of deadly wildfires and floods in many parts of the world has left little doubt that climate change is here now, and is touching all corners of the Earth.

A state-of-the-science report published by the UN in August showed that the world is warming faster than scientists previously thought, and that slashing greenhouse gas emissions by at least half this decade is crucial to staving off the more catastrophic impacts of the climate crisis. An agreement on how to achieve this dramatic reduction is one of the key goals of the meeting.


28 min ago
COP26 kicks off in Glasgow on an optimistic note
From CNN's Ivana Kottasová in Glasgow

President for COP26, Alok Sharma, speaks on stage during the opening ceremony of COP26 at SECC on October 31, in Glasgow, Scotland.
President for COP26, Alok Sharma, speaks on stage during the opening ceremony of COP26 at SECC on October 31, in Glasgow, Scotland. Christopher Furlong/Getty Images
COP26 has officially started in Glasgow.

The opening ceremony began with a minute’s silence for victims of the Covid-19 pandemic. 

The COP presidency was then ceremonially handed over from Carolina Schmidt, Chile’s Minister of the Environment and the COP25 president, to Alok Sharma, a British Member of Parliament and the President of COP26.

The presidency of COP rotates among the five regional groups, designated as Africa, Asia, Eastern Europe, Latin America and the Caribbean, Western Europe and Other.

The "Other" states group includes Australia, Canada, Iceland, New Zealand, Norway, Switzerland and the United States of America.

In his opening speech, Sharma struck an optimistic note, saying: “We know what we need to do. Because six years ago in Paris, we agreed our shared goal. We said we will protect people and nature from the effects of climate change."

"We can move the negotiations forward or we can move on increasing ambitions. So let's come together these two weeks and ensure that what Paris promised Glasgow delivers," Sharma said.

Schmidt used her outgoing speech to send a message to the G20 leaders, most of whom are in Rome at the G20 summit.

“The success of COP26 will be assessed in three areas: (emission cutting) ambitions, finance and rules … I would like to appeal to the leaders of G20, I urge you to fulfil your commitments,” Schmidt said.



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