Labour pledges £11.6bn for overseas climate aid
The Guardian — July 26, 2024, 08:00 PM UTC
Summary: Labour's Energy Secretary Ed Miliband confirmed the UK will honor an £11.6 billion overseas climate aid pledge made before the 2021 Cop26 summit. This commitment aims to re-establish the UK as a leader in global climate discussions ahead of upcoming summits Cop29 and Cop30. Currently, 55% of the pledged funds remain unspent, raising concerns about meeting the target.
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