Boris Johnson to Launch New International Climate Change Coalition

Katie Ramirez
January 26, 2021

Mr Guterres said there needed to be a significant increase in finance for developing countries to adapt to the changing climate and for all budget spending and investment to take climate change risks into account.

These figures are likely to reach $140 or eventually up to 300 billion USA dollars in 2030 and the range between $280 and 500 billion in 2050.

The goal of CAS is to try to develop united practical solutions to the challenges and the inevitable effects of climate change over the coming decade.

"Kenya commits to implement the adaptation action agenda; but we can only succeed if we all, as a global community, collaborate in this noble endeavor", Kenyatta said in Nairobi Monday evening during a virtual high-level session of the Climate Adaptation Summit 2021.

Without bold action to build resilience to climate change, the world will likely see "dramatic reversals in economic development", with poor and vulnerable communities paying the highest price, United States climate envoy John Kerry said on Monday. Let us remember that developed countries must meet the commitments made in the Paris Agreement to mobilize $100 billion United States dollars a year from private and public sources for mitigation and adaptation in developing countries. We need to adapt to a new, more extreme climate.

Within the period, the country suffered 226 extreme events, a death toll of 285 and losses of more than $2 billion per year.

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The Climate Council says the impact of fires, floods, droughts, storms and sea level rise linked to climate change could skyrocket into the future, potentially costing the country's economy up to $100 billion every year by 2038.

"There can be no compromises on climate finance when vulnerable communities are at risk right now", she added.

He considered that responding to both the challenges posed by the epidemic and the climate emergency poses a "tremendous challenge, but it also provides opportunities to do things differently and rebuild a pattern" with a greener lifestyle, because the current crisis is "an opportunity for a greener recovery, creating more green jobs and more".

To turn ambitions into reality, speakers committed to significantly raising adaptation finance. Modi asserted that India's initiatives have not been restricted to itself alone and said the International Solar Alliance and the Coalition for Disaster Resilient Infrastructure show the power of global climate partnership. The @CASsummit2021 is helpful to build advanced cooperation on climate adaptation. Government, business, and other leaders must radically rethink how to protect people, the planet, and our prosperity. "We need to move from adaptation to transformation", he said. With the Adaptation Innovation Marketplace, we hope to use the increased political momentum for adaptation and resilience to drive forward progress on locally-led adaptation and accelerate innovative technologies, practices and businesses models for adaptation.

The cardinal said that Pope Francis wished to assure participants in the Climate Adaptation Summit "of his closeness, support and encouragement in these days of intense effort".

"Hence, we must take extraordinary steps", President Jokowi noted.

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