21.01.11~20.01.17 Prime Minister commits £3bn UK climate finance to supporting nature

1729

The Prime Minister Boris Johnson will today [Monday 11 January] announce that the UK will commit at least £3 billion to climate change solutions that protect and restore nature and biodiversity over five years.


The funding will be allocated from the UK’s existing commitment of £11.6bn for international climate finance and will deliver transformational change in protecting biodiversity-rich land and ocean, shifting to sustainable food production and supply, and supporting the livelihoods of the world’s poorest.


Programmes supported by the funding will include the flagship Blue Planet Fund for marine conservation; projects to maintain forests and tackle the illegal timber trade and deforestation; and initiatives to conserve habitats such as mangroves that protect communities from the impacts of climate change.
The Prime Minister will make the announcement at the One Planet Summit, a leader-level virtual event convened by France. He will address a session on Financing for Biodiversity, to call on others to raise their level of ambition on funding for nature and to mobilise public and private finance for sustainable solutions to climate change.


An excerpt from https://www.gov.uk/government/news/prime-minister-commits-3bn-uk-climate-finance-to-supporting-nature