<-- Back to proposed bills
Climate Ambition Summit 2020
15 December 2020
Type
Written Ministerial Statement
Department
Department for Business, Energy and Industrial Strategy
At a Glance
Issue Summary
Alok Sharma is summarizing the outcomes of the Climate Ambition Summit held on December 12, 2020.
Action Requested
The Prime Minister announced that the UK will no longer provide new direct financial or promotional support for fossil fuel energy sector overseas and launched a consultation to seek views on how to further enable an accelerated growth in UK clean energy exports. The Ten Point Plan for a Green Industrial Revolution was also highlighted, which includes £12 billion of government investment.
Key Facts
- The Climate Ambition Summit co-convened by the UK with the UN and France.
- Countries representing around 65% of global carbon dioxide emissions have committed to reaching net zero or carbon neutrality.
- 75 leaders from all continents outlined over 90 commitments at the summit.
- The Prime Minister announced no new direct financial support for fossil fuel energy sector overseas, other than in exceptional circumstances.
- £12 billion government investment to mobilise three times as much private sector investment by 2030 under the Ten Point Plan for a Green Industrial Revolution.
- Over 70% of global economy represented by businesses and cities committed to net zero emissions.
▸
Assessment & feedback
Summary accuracy