Sánchez pledges 1,350 million in 2025 against climate emergency in developing countries


The President of the Government, Pedro Sánchez, has claimed in his speech to the plenary of the climate summit being held these days in Glasgow that the meeting should be “a turning point” in the fight against the climate emergency. Sánchez, who opened the round of speeches by the main world leaders attending the meeting, said that “a new international order is needed that recognizes the role of all actors, governments, citizens, companies and the financial sector, as essential agents of change”. Sánchez has committed to increase by 50%, up to 1,350 million, Spain’s contribution to the Green Climate Fund to help fight climate change in less wealthy countries.

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Sánchez took part this Monday in the COP26 climate summit in Glasgow (United Kingdom), which he attended together with 120 world leaders for a decisive international meeting. In his speech, Sánchez said that “the good news” before the crucial meeting is that the leaders know “what needs to be done”. The not so good news is that “political determination and immediate action” is needed to put it into action, something that the head of the Executive has demanded.

The President of the Government has reeled off the initiatives taken by Spain to fulfill its part of the commitments made in the many summits that have already been held to try to stop climate change and its consequences on the planet, including human beings. “We must align investments with the goal of climate neutrality,” he said. For this reason, he added, Spain has approved “the first law on climate change and ecological transition”, in addition to “allocating almost 30,000 million in three years” for this ecological transition. “It is the best expression of our political will,” he said.

Sánchez also called for “raising the level of ambition” to “restore confidence between the countries of the North and the South”. The president has pledged to “increase climate finance” and reach the goal of providing “1,350 million euros per year” by 2025. to the Green Climate Fund, where the richest countries want to contribute up to $100 billion to enable the energy transition in the least developed countries.

Sánchez has also pledged to strengthen Spain’s external action, with the contribution of 30 million euros to the UN adaptation fund for developing countries. The same group of states will receive 20% of its “special drawing rights”.

The President of the Government closed his speech with a final plea to “work together so that this COP can be the turning point that drives a real change of course” in the fight against the climate emergency, “with solidarity, forceful and urgent action”. “An action that closes the inequality gaps and allows everyone to perceive the benefits of climate action and ecological transition,” he concluded.

Previous World leaders admit "window" to avoid worst of climate change "closing fast"
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