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G20: UK PM Sunak declares $2 billion for Green Climate Fund

September 10, 2023 3:06 PM IST

PM Modi | G20 Summit | Rishi Sunak | climate green fund

UK Prime Minister Rishi Sunak announced a historic climate commitment before the the commencement of G20 Summit, the British High Commission in India said.

It was declared that the UK will contribute $2 billion to the Green Climate Fund (GCF). This is the largest single funding commitment the UK has made to combat climate change, and it supports their goal of spending £11.6 billion on international climate finance.

The GCF was established by 194 countries after the Copenhagen Accord at COP15 and is dedicated to helping developing nations reduce emissions and adapt to climate change impacts.

UK PM Sunak called on G20 leaders to work together in reducing carbon emissions and supporting vulnerable economies in dealing with climate change ahead of the COP28 Summit in December.

Addressing the leaders, Sunak said, “The UK is stepping up and delivering on our climate commitments, both by decarbonising our own economy and supporting the world’s most vulnerable to deal with the impact of climate change.”

“This is the kind of leadership that the world rightly expects from G20 countries. And this government will continue to lead by example in making the UK, and the world, more prosperous and secure,” he added.

On the final day of the G20 Summit, Sunak commenced his day with a trip to the Akshardham temple, accompanied by his spouse Akshata Murty. Following this visit, he proceeded to Rajghat, where, alongside fellow G20 leaders, he offered respects to Mahatma Gandhi.

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