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Ending G7 fossil fuel subsidies could generate $101bn to offset climate damages in the Global South by 2026

Nora Awolowo New analysis by ActionAid International and The Robin Hood Tax Campaign ActionAid International and The Robin Hood Tax Campaign are today (12 December) calling on G7 countries to make good on their commitment – enshrined in Article 8 of the Paris Agreement – to provide finance to support the world’s poorest countries to recover from the damage caused by the climate crisis. The organisations argue that G7 countries can make significant strides in funding to tackle loss and damage by accelerating reductions in fossil fuel subsidies and redirecting support from polluting industries into a new ‘Climate Damages Fund’. The new analysis comes as the UN and UK co-host today’s online Climate Ambition Summit on the fifth anniversary of the Paris Agreement.

Alistair Wardrope: Putting health and climate justice at the heart of COP 26

Alistair Wardrope: Putting health and climate justice at the heart of COP 26 December 11, 2020 Climate breakdown, “the greatest threat to global health of the 21st century” is driven by the same political and economic systems that are exacerbating health inequities, so starkly amplified by covid-19. The UK Government’s recent announcements appear to acknowledge the imperative to tackle the “twin problems of social inequalities and climate change.” However promises of a “green industrial revolution”, or last week’s “ambitious” emissions reductions pledge, fail to acknowledge the true scale of the challenge, or of the UK’s historical responsibility. As the UK prepares to host the 26th Conference of Parties to the UN Framework Convention on Climate Change (COP26) the first global reassessment of emissions reductions commitments since the signing of the Paris Agreement in 2015 it should show true ambition in adopting policies that prioritise the health and wellbei

EU summit approves 55 pct emissions reduction goal — EUbusiness com | EU news, business and politics

Bangladesh Prime Minister Sheikh Hasina calls for robust international climate coalitions

Bangladesh Prime Minister Sheikh Hasina calls for robust international climate coalitions Bangladesh Prime Minister Sheikh Hasina has called for “positive and robust” international climate coalitions to “effectively move towards carbon neutrality” within 2050.   |  11 Dec 2020 5:10 AM GMT DHAKA: Bangladesh Prime Minister Sheikh Hasina has called for positive and robust international climate coalitions to effectively move towards carbon neutrality within 2050. Hasina made the remarks at the virtual Thimphu Ambition Summit: Momentum for A 1.5 degrees Celsius World on Wednesday, marking the fifth anniversary of the Paris climate deal. In her pre-recorded speech, the premier blamed the adverse impact of climate change for making millions of people climate refugees.

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