Labour’s shadow foreign minister says cost-of-living crisis means some climate finance must come from outside rich governments’ budgets
A Labour Party government in the UK would show “full solidarity and partnership” with developing countries wanting to take climate action, shadow foreign secretary David Lammy said this week ahead of a July 4 general election.
Opinion polls predict that voters are set to back the left-wing Labour Party over the incumbent Conservative government by a significant margin, a BBC tracker shows.
Lammy told an event during London Climate Action Week that he supports the green reforms of the global financial system that have been proposed by the leaders of Kenya, Barbados and the World Bank.
Clare Shakya, climate lead at The Nature Conservancy, a green group, told Climate Home that Lammy’s comments were “massively ambitious” and “exactly what the world needs to hear right now”.
But promises on climate finance to developing countries in the Labour Party manifesto are the same as the ruling Conservative Party. Lammy argued that “all across the world, a cost-of-living crisis is making it hard to make the case solely for taxpayers’ funds” to support climate action in developing nations...
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