- Title: WRAP: Climate finance, post-COVID global recovery dominate G7 summit's final day
- Date: 13th June 2021
- Summary: CARBIS BAY, ENGLAND, UNITED KINGDOM (JUNE 13, 2021) (CORONA POOL) (SOUNDBITE) (German) GERMAN CHANCELLOR ANGELA MERKEL, SAYING: "And the symbolic message of this meeting in Cornwall is that we want to act for a better world and we know that when the pandemic is over this will be more vital than ever. We know this won't be easy and that's why the approval of the plan to put 100 billion euros into the poorest countries, via development funds for example, is so important to be able to see some progress, and we need to make good the setbacks caused by the pandemic, especially in fulfilling our sustainability goals set in the Agenda 2030. These were more or less the results we got here today. These have been very effective working days here."
- Embargoed: 27th June 2021 13:42
- Keywords: Boris Johnson Cornwall G7 G7 plenary session Jill Biden Joe Biden Ramaphosa South Africa South Korea's Moon St Ives U.S. president church first lady summit the Bidens
- Location: ST. IVES AND CARBIS BAY, ENGLAND, UK
- City: ST. IVES AND CARBIS BAY, ENGLAND, UK
- Country: United Kingdom
- Topics: Europe,G7,Government/Politics,Editors' Choice
- Reuters ID: LVA004EH8I2BR
- Aspect Ratio: 16:9
- Story Text: EDITORS PLEASE NOTE: THIS IS A HIGHLIGHTS WRAP OF FOOTAGE THAT HAS ALREADY MOVED. IT DOES NOT CONTAIN ANY FRESH MATERIAL
WRAP INCLUDES FOOTAGE FROM EDITS 7091, 7094, 7015, 7092, 7093, 7090, 7016, 7097, 7109, 7090
Heads of the Group of Seven (G7) on Sunday (June 13) hailed "effective working days" as the three-day summit drew to a close with leaders pledging to help the developing world and to work to tackle climate change.
The leaders said they would raise their contributions to meet an overdue spending pledge of $100 billion a year to help poorer countries cut carbon emissions and cope with global warming, but campaigners said firm cash promises were missing.
Alongside plans billed as helping speed infrastructure funding in developing countries and a shift to renewable and sustainable technology, the world's seven largest advanced economies again pledged to meet the climate finance target.
But climate groups said the promise - in a copy of a draft communique seen by Reuters - lacked detail, most importantly a figure for the increases.
A spokesman for British Prime Minister Boris Johnson said individual nations were expected to set out the size of the increases "in due course".
In the draft communique the seven nations - the United States, Britain, Canada, France, Germany, Italy and Japan - reaffirmed their commitment to "mobilise $100 billion/year from public and private sources, through to 2025".
The G7, according to the copy of the draft communique, also said 2021 should be a "turning point for our planet" and to accelerate efforts to cut greenhouse gas emissions and keep the 1.5 percent global warming threshold within reach.
(Production: Paul Warren, Louisa Naks)
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