The UK Government on Monday announced a new package of measures that includes up to a three-fold increase in funding to tackle climate change.
The British authorities, who handed over the presidency of the United Nations Climate Change Conference (COP27) earlier in the day, said in a statement that funding for climate adaptation will increase from 500 million pounds (573 million euros) in 2019 to 1.5 billion (about 1.7 billion euros) by 2025.
The Prime Minister, Rishi Sunak, has thus sought to demonstrate that London intends to «cement the UK’s legacy with a series of energy and climate announcements», while advocating the preservation of forests and nature.
In this regard, he stressed the need to «recognize the threat posed by climate change around the world», from «catastrophic floods in Pakistan to severe droughts in Somalia».
The text also shows the British Government’s commitment to forests and includes the launch of the Leaders’ Partnership for Forests and Climate to protect some of the world’s most diverse natural habitats, especially in Africa and Latin America.
«We are focused on partnering with the private sector to facilitate green innovation and energy transition at home and around the world,» he said.
He has also indicated that more than £65 million (€74 million) is planned to be invested in a clean energy project, which will provide fellowships for researchers and scientists from developing countries.
Sunak, during his declarations at the start of the COP27 in Egypt, asked that «the commitments reached in Glasgow be maintained in order to face climate change and turn the fight against the increase in temperatures into a global mission».
«Then we can leave our children a greener planet and a more prosperous future. That would be a legacy to be proud of,» he said.
