https://ft.com/content/c--44e9-830b-34bbc1d4a4d8
Germany’s foreign minister Annalena Baerbock has said Berlin will stand by all its international financial commitments to tackle climate change, despite a budget crisis that has thrown its 2024 spending plans into disarray.
“We will always be a reliable partner,” Baerbock told the Financial Times ahead of the UN’s COP28 climate summit in Dubai. “That’s why we agreed within the federal government that we will fulfil our international obligations.”
These included €6bn in international climate finance that Germany had committed to provide by 2025, €2bn for the UN’s Green Climate Fund, and Berlin’s contribution to a new global fund to address climate-related loss and damage in developing countries, she added.
