12/1/2023, 2:16 AM (Source: TeleTrader)
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Sunak to pledge £1.6B for climate projects

British Prime Minister Rishi Sunak will commit £1.6 billion to climate projects at the COP28 summit, according to media reports. The funds will include £316 million for energy innovation projects and are part of a wider £4 billion green investment pledge.

"The world made ambitious pledges at previous COP summits to limit global warming to 1.5 degrees. But the time for pledges is now over - this is the era for action. We know that the technologies and innovations we need to protect the planet are at our fingertips, from the mighty offshore wind farms powering the UK to the solar energy transforming electricity in Africa," Sunak said ahead of the summit.

Baha Breaking News (BBN) / DJ