Grenada and other Small Island Developing States within the region is likely to benefit from what’s been announced as the UK’s biggest ever single financial contribution to helping the world’s most vulnerable people adapt to and mitigate the impact of climate change.
At the G20 Summit in India last weekend, UK Prime Minister, Rishi Sunak, spoke of contributing some 2 billion US dollars to the second replenishment of the Green Climate Fund (GCF), covering the period 2024 to 2027.
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The Green Climate Fund is the largest global fund dedicated to supporting developing countries to reduce global emissions and helping communities adapt to the effects of climate change. And, the pledge by the UK is part of the delivery of its commitment announced at COP26 to spend £11.6
billion pounds sterling which falls in the region of (14.5 billion US dollars) on international climate finance between 2021 and 2026, a substantial 13% increase on its previous contribution to the GCF for the period 2020 to 2023.
The UK intends to work with the GCF to ensure action is speeded up in dealing with the scale of the climate crisis as far as Small Island Developing States are concerned.
Prime Minister Sunak says, in part, it’s the kind of leadership the world rightly expects from G20 countries and his government will continue to lead by example in making the UK, and the world, more prosperous and secure.
There was also talk, responding to requests from Caribbean leaders about controlling influxes of sargassum seaweed, which threatens the region’s marine ecosystems, economy and public health.
The UK Prime Minister launched a call for research proposals on Sargassum with regard to finding safe solutions to the process.
The UK Government recognizes that SIDS are global leaders in climate action and have a vital role in pressuring the big emitters to act.
