Johnson pleads for ‘green Marshall plan’ at G7 summit
“And 10 years later, the impacts of climate change have dramatically increased, investments are declining, aid is reduced and the devastating ramifications of COVID-19 are exacerbating inequalities across the world,” he added. “It is not too much to ask the G7 to fulfill its obligations and to take its responsibilities vis-à-vis the countries of the South.”
Rachel Kyte, dean of the Fletcher School at Tufts University, said that while last week’s meeting of G7 finance ministers had given new support to mandatory climate risk reporting and a new crackdown on the corporate tax evasion, she had “sanded the critical issues” on climate finance. at this week’s Leaders’ Summit.
“It was almost as if the finance ministers were talking to someone else about what needs to happen – yet they are,” she said. “So the question I’m really thinking for the Leaders’ Summit is: if not the G7 then who, and if not now, then when?”