Submitted by Reuters Events Sustainable Business
August 13, 2021 /CSRwire/ - This has become a matter of trust – we need to collectively, as developed nations and donor nations, deliver on that." COP26 president, Alok Sharma, said ahead of the G7 meeting.
It was a promise first made in 2009 in Paris, with the Green Climate Fund set up as the main delivery mechanism. But commitments from rich countries have failed to reach that sum, despite the fact that the International Energy Agency (IEA) puts the investment need just in clean energy – never mind adaptation – at much higher: $150bn to $1tn annually.
We’ve just published a 25-page briefing that looks into the G7 meeting where the focus of policy needs to be on delivery, not promises
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Key takeaways from the report include:
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