Macron urged to channel $ 100 billion a year to fight climate change
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The world community should regularly allocate money to combat global warming, says Emmanuel Macron.
The countries of the world should spend $ 100 billion annually on the fight against climate change. This was announced by French President Emmanuel Macron at the Climate Conference (COP26) in Glasgow on Monday, November 1.
“We must annually allocate $ 100 billion to address the challenges of combating climate change,” said Macron, proposing to implement the program until 2025 inclusive. At the same time, he recommended the Organization for Economic Cooperation and Development (OECD) to submit an annual report on the spending of this money.
Macron also stressed that the countries with the largest CO2 emissions “must expand their commitments.”
“The key moment for our conference is that countries whose strategies do not yet meet our goal of preventing climate warming by more than 1.5 degrees, increase their commitments in the coming weeks,” – said Macron and added that “this is the only a way to achieve the climate program. “
In addition, Macron noted the importance of reconciling the climate change agenda with economic activity: “Our trade agreements must reflect our commitment to fighting warming.”
The French President demanded measures of solidarity in relations with the countries of Africa and the Pacific, “the first to experience the consequences of the climate crisis today.”
“We can cope with international challenges only if we coordinate efforts and act together,” Macron summed up.
Earlier, the UN Secretary General said that The earth is facing a climate catastrophe… Among the main climate problems are the rapid rise in sea level, the rise in temperature of the oceans, and the increase in the amount of greenhouse gases.
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