Published 15:09 IST, September 23rd 2019
Boris Johnson pledges £1.2B to fight climate change, ahead of UN Summi
As the UK PM, Boris Johnson prepares to attend the United Nations summit, he has decided to combine funds worth £1.2 billion to fight climate emergency
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As UK Prime Minister, Boris Johnson prepares to attend 74th United Nations General Assembly summit, he has also decided to combine funds worth £1.2 billion to fight climate emergency and protect endangered species. According to reports, during his speech at UNGA, PM Johnson will anunce £1 billion in aid for investors in UK to use techlogy in order to tackle climate change. He also hopes to seek funding for initiatives related to renewable energy and lower levels of pollutants. In dition to this, PM Johnson will also anunce £220 million funds to tackle biodiversity erosion and pay attention to endangered species like black rhi and Sumatran tiger.
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Hopes of Downing Street
Downing Street hopes if Boris Johnson dresses climate issues in world summit, it will take off attention from Brexit and decrease number of questions that might follow. Greenpeace has criticized this initiative and has reportedly called it a flop. According to Greenpeace, it is t kind of vision which is required to fight climate change. World Wildlife Fund (WWF) will be host of event in which PM Johnson will anunce funds for biodiversity. WWF has also appreciated UK leer, however, y have alerted that techlogical solutions may t be eugh to tackle climate emergency.
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Hertha Ayrton Fund
£1 billion invation fund is kept aside from aid budget and is named after Hertha Ayrton. Ayrton was one of first physicist and engineers of Victorian era. main goal of this funding is to obtain “ latest cutting-edge tech” to contribute in areas such as sustainable electricity supplies for developing countries. Moreover, it will seek an improved battery techlogy along with methods for heavily polluting by steel and cement industries in order to reduce emissions. With anuncement of a separate fund for biodiversity, PM Johnson is planning to warn members about rapidly vanishing species and habitats. animals are getting endangered faster w, than any or time in history. UK Prime Minister h also said that earlier that he is deeply optimistic about contribution of techlogy in making this world a better place.
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08:46 IST, September 23rd 2019