Forcing wealthy countries to honor their UN climate fund obligations this week will be “a stretch,” according to British Prime Minister Boris Johnson, ahead of a Monday summit with world leaders aimed at doing just that.
Rich countries committed to pay $100 billion in annual support for poorer countries to combat the effects of climate change starting in 2020 during the Copenhagen climate conference in 2009.
Progress has been “disappointing,” according to the Organization for Economic Cooperation and Development, with developing nations getting $79.6 billion in 2019.
He gave it a “six out of ten” likelihood of being completed by the COP26 climate summit in Glasgow in November. According to him, it would be difficult, but people must see that this is critical for the world’s survival.
Even while COP26 president Alok Sharma stated Sunday that Chinese President Xi Jinping had not yet confirmed his attendance at the summit, he noted that there were “genuine signs of improvement” from China, the world’s largest producer of carbon dioxide.
Along with UN Secretary-General Antonio Guterres, Johnson will host a conference of world leaders on Monday.
The UN Climate Fund is the primary source of funding for the Paris Agreement, which calls for keeping global warming “far below” two degrees Celsius, and ideally 1.5 degrees Celsius.
The accord calls for billions of dollars every year for poor countries already dealing with climate-related floods, heatwaves, rising seas, and superstorms.
On his trip, Johnson will not only attend the UNGA but will also pay a visit to the White House, just days after the unveiling of a new US-Australia-Britain security alliance sparked a severe schism with partner France.
He’ll also see Amazon CEO Jeff Bezos and Brazilian President Jair Bolsonaro, who is notorious for his climate change skepticism.
Johnson said he would “certainly” push Bezos on how much tax Amazon pays in the UK and employees’ rights. He will, however, be congratulated on his vast forestry programme.