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Britain Missed a £260 Million Local weather Finance Cost Deadline – Watts Up With That?


Essay by Eric Worrall

h/t Dr. Willie Quickly; No marvel he didn’t wish to attend – the very first thing Prime Minister Flip-Flop may face when he arrives in Sharm El-Sheikh will probably be a requirement for overdue cost.

UK criticised for failing to pay $300m in promised local weather funds forward of Cop27 

Missed deadline for cash pledged to help growing nations sends ‘sturdy unfavorable sign’ forward of Egypt summit, say consultants

Karen McVeigh @karenmcveigh1 Tue 1 Nov 2022 22.31 AEDT

The British authorities has come below hearth for sending a “sturdy unfavorable sign” forward of the Cop27 local weather summit in Egypt, by failing to make $300m (£260m) of promised local weather finance funds.

The UK has already triggered upset amongst growing nations hit hardest by the local weather disaster, after a press release from Downing Avenue that Rishi Sunak, the prime minister, wouldn’t attend Cop27 on account of his give attention to home points.

Britain is the present holder of the Cop presidency and can hand over to Egypt in November.

The UK missed its September deadline to supply $288m to the Inexperienced Local weather Fund (GCF) devoted to serving to growing nations adapt and mitigate local weather results, Politico reported.

Learn extra: https://www.theguardian.com/global-development/2022/nov/01/uk-criticised-for-failing-to-pay-300m-in-promised-climate-funds-ahead-of-cop27

I suppose we shouldn’t choose, I bear in mind instances like that in my scholar days – you realize, somebody by chance spends their month-to-month hire cash on the pub, so the £260 million hire invoice type of will get ignored till the subsequent month…


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