Member

The focus of this COP was on finance for developing countries, because the reality is that unless we persuade developing countries to go down the path of clean energy development, we cannot hope to reduce emissions and prevent climate disaster. Those countries face the triple challenges of needing to invest in the clean energy transition, coping with the costs of climate vulnerability and needing to develop to take their population out of poverty. At the same time, developed countries, including Britain, face extreme pressure on our public finances.