UK pledges more than $115 mln to developing economies to tackle climate change

Britain's foreign minister James Cleverly on Monday will announce investments of more than 100 million pounds ($115 million) to support developing countries in their fight against the impact of climate change. "Mr Cleverly will also argue that long-term prosperity depends on taking action on climate change and ramping up investment in renewable energy across the world," Britain's foreign ministry said.

Britain's foreign minister James Cleverly on Monday will announce investments of more than 100 million pounds ($115 million) to support developing countries in their fight against the impact of climate change.

"Mr Cleverly will also argue that long-term prosperity depends on taking action on climate change and ramping up investment in renewable energy across the world," Britain's foreign ministry said. The foreign minister is in Sharm el-Sheikh, Egypt, at the COP27 climate conference.

"Now is the time for all countries to step up their action on climate change and deliver the tangible change needed," Cleverly said in a statement. ($1 = 0.8728 pounds)