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Investing in the Green Climate Fund to help tackle climate change

November 20, 2014 12:58 PM
Originally published by UK Liberal Democrats

Liberal Democrat Energy and Climate Change Secretary Ed Davey has today (20 November) announced that the UK government will invest up to £720m in the Green Climate fund to help poorer countries adapt to climate change and go low-carbon.

The UK joins other major economies including Japan, Germany, America and France in pledging financial support to help developing countries adapt to the adverse effects of climate change and to limit or reduce greenhouse gas emissions.

Britain's investment comes from existing funds set aside for international climate change work under our commitment for 0.7 per cent of gross national income to provide overseas development assistance.

Ed Davey said:

"The poorest and most vulnerable on the planet are already suffering the effects of climate change and it's our moral duty to act.

"From protecting low-lying islands and coastal settlements from the impact of rising sea levels to helping farmers struggling with lower crop yields caused by the weather effects of climate change - British aid can save lives.

"Along with the UK, other major economies such as the US, Japan, Germany and France have made substantial pledges and I urge other countries to be equally ambitious."

The Liberal Democrats are the only major party that puts tackling climate change at our heart.

In the Coalition Government, Ed Davey has worked to make sure the environment stays at the top of the agenda, even though it isn't a priority for the Conservatives.

We cannot build a stronger economy for the long term without creating a greener, more sustainable economy too.