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Asharq Al-Awsat
Asharq Al-Awsat
World
Asharq Al-Awsat

UK Pledges More than $115 Mln to Developing Economies to Tackle Climate Change

A general view of the outside of the Sharm El Sheikh International Convention Center during the COP27 climate summit in Egypt's Red Sea resort of Sharm el-Sheikh, Egypt November 7, 2022. (Reuters)

Britain's foreign minister James Cleverly on Monday will announce investments of more than 100 million pounds ($115 million) to support developing countries in their fight against the impact of climate change.

"Mr. Cleverly will also argue that long-term prosperity depends on taking action on climate change and ramping up investment in renewable energy across the world," Britain's foreign ministry said.

The foreign minister is in Sharm el-Sheikh, Egypt, at the COP27 climate conference.

"Now is the time for all countries to step up their action on climate change and deliver the tangible change needed," Cleverly said in a statement.

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