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ENVIRONMENTAL campaigners warned today that only a multibillion-pound public investment will help tackle the climate emergency after Cop26.
At a fringe meeting hosted by the World Wide Fund for Nature (WWF), activists and charities came together to set out what they described as “red lines” for this month’s climate talks.
Speaking from Glasgow Science Centre, the official home of Cop26 fringe events over the next fortnight, WWF set out five key ambitions for the talks, using its opening event to call for greater public funding.
The group said that its mission was to stop the degradation of the planet’s natural environment and to build a future in which humans live in harmony with nature.
WWF stressed that existing public finance promises of $100 billion (£73bn) a year must be fulfilled, with a further package beyond 2025 that excluded harmful subsidies agreed in the coming weeks.
It also called for funds to also be made available for vulnerable countries to deal with unavoidable economic and non-economic effects, as well as to help rebuild following the Covid-19 pandemic.