Aid Budget: Carbon Emissions and Climate Emergency

aid budget: Fresh from announcing a new target of net zero carbon emissions by 2050 in the face of scepticism from the chancellor, Philip Hammond May will lead a session on the climate emergency at the summit in Japan, according to The Guardian. She will promise that in future, the 14bn overseas aid budget will be spent in a way that contributes to the transition to a low-carbon global economy, and will urge other countries to adopt more ambitious emissions targets. The prime minister has been keen to burnish her green credentials as she enters in her final days in office. The facts, which are clear, should guide us, she will tell her fellow world leaders, including Donald Trump, who has denied many climate science findings. We need a fivefold increase on existing 2030 commitments to remain below 1.5 degrees of warming. We are running out of time to act. (news.financializer.com). As reported in the news.

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