London Daily

Focus on the big picture.
Wednesday, Oct 21, 2026

Developed countries urged to honor climate pledges

Developed countries urged to honor climate pledges

China is urging developed countries to honor their financial pledges made to developing countries to help mitigate and adapt to climate-related problems. And it set a concrete road map to scale up support.
Failure to honor commitments will damage confidence in multilateral progress on climate change, Chinese negotiators attending the ongoing Madrid UN climate conference said.

China's message was given over the weekend. Midway through conference, only limited progress has been made for assessing whether and how much developed countries have fulfilled their promises.

As stated in the 2015 Paris agreement, developed countries should provide $100 billion annually by 2020 to help developing countries and efforts go forward to keep the average global temperature increase well below the agreed 2 C above preindustrial levels. Further efforts would limit the increase to 1.5 C.

One of the tasks for the ongoing gathering of 197 countries in Madrid is to check how developed nations have honored their commitments.

During the time designated for such assessments and reviews, however, subsidiary bodies of the UN Framework Convention on Climate Change mainly reported their own work progress. So far, the gathering has not detailed developed countries' progress in honoring their pledges and identifying gaps, said Lu Xinming, deputy secretary-general of the Chinese delegation to the conference.

The gathering only "touched on the matter lightly", which cannot be called an assessment or review, he added.

Dong Guanyang, a Chinese delegate, said that several country groups, including Like Minded Developing Countries and BASIC bloc countries, have submitted a proposal asking the chair of the conference to roll out discussions on how to describe and deal with the gaps in developed countries' pre-2020 commitments.

As the Paris agreement is to be implemented after 2020, and being in the final month before the new year, some developed countries would like to "turn over a new leaf", Dong said, adding that some countries are motivated to breach their commitments.

"The pre-2020 issue is not a matter of time but of promises and obligations," she said, reaffirming that the commitments must be fulfilled.

Dong also warned of negative consequences if the promises are breached.

"As for multilateral mechanisms, confidence provides the best momentum. Only with mutual trust can various parties go forward hand in hand, with each others' concerns in mind," she said.

If previous promises are not kept, it's natural that confidence in the implementation of any new pledges will be shaken, she added.

Huang Yueqiu, a Chinese negotiator engaged in climate finance, said it's a must that the outcome of the current conference include a clear timetable and road map for the long-term support of developing countries from 2020 to 2025.

"We strongly object to what's been expressed by some developed countries, that 2020 will be the end of long-term financial support," he said.

Under the Paris agreement, developed countries should set a new collective quantified goal from a floor of $100 billion per year, taking into account the needs and priorities of developing countries.

Sun Jin, special representative for climate change negotiations, said the financial support from developed countries should be ratcheted up if the developing countries ramp up their efforts to help reach the more ambitious goal of limiting the global temperature rise to 1.5 C.
Newsletter

Related Articles

0:00
0:00
Close
Housebuilding Across Scotland Plummets to Eleven-Year Low Despite Government Pledges to Tackle National Housing Emergency
Greggs Announces Factory Closures Across Northern England and Scotland Affecting Seven Hundred Forty Jobs
United Kingdom and Singapore Conclude Eleventh Financial Dialogue in Singapore to Deepen Cooperation on Digital Finance and Capital Markets
Energy Security and Net Zero Committee Urges Government to Shift Policy Costs to Gas Bills and Tap Windfall Profits to Lower Consumer Prices
British Broadcasting Corporation Announces Major Cost-Cutting Overhaul to Close Linear Broadcast Services for Television Channels BBC Three and BBC Scotland Alongside Digital Radio Station BBC Radio Four Extra
London Capital Markets Face Renewed Scrutiny After High-Profile Offerings Underperform Post-Listing
Green Party Wins Historic First Westminster Parliamentary By-Election in Gorton and Denton
Environment Secretary Emma Reynolds Unveils Sweeping Regulatory Overhaul for English Water Industry
United Kingdom Health Security Agency Confirms Thirty-Four Cases in Kent Meningitis Outbreak
Ministry of Defence Prepares Heat Pump Subsidy Cuts to Fund Urgent Military Modernization
British and European Union Officials Schedule Long-Awaited Bilateral Leaders Summit for November Twentieth
Bank of England Governor Andrew Bailey Urges Strict Fiscal Credibility to Protect British Bond Markets
United Kingdom Inflation Rises to Three Point One Percent Driven by Escalating Fuel Costs
Profit Warnings Among London-Listed Companies Reach Two-Year High Amid Global Energy Shocks
Chancellor John Healey Signals Targeted Tax Changes on Banks and London Corporate Offices Ahead of Budget
British Government Reallocates Twenty-Five Per Cent of International Climate Finance to Global Biodiversity Projects
Initial British Carbon Border Taxes Set to Undercut Parallel European Union Tariffs on Industrial Imports
Whitehall Prepares National Zero-Interest Loan Initiative to Accelerate Domestic Heat Pump and Solar Adoption
European Union Offers British Automakers Access to Hybrid Vehicle Trade Protections Subject to Strict Regulatory Alignment
British Probation Officers Threaten Widespread Industrial Action After Rejecting Five Per Cent Government Pay Offer
Microsoft Abandons Major British Artificial Intelligence Data Centre Citing Severe National Grid Power Constraints
United Kingdom Inflation Accelerates to Three Point Four Per Cent Ahead of Chancellor John Healey's Inaugural Autumn Budget
Surging Cloned Number Plates Severely Complicate Traffic Enforcement and Police Investigations
Mounting Opposition Challenges Planned Rollout of Autonomous Taxis Across London
Influential Think Tank Urges Rejoining European Union to Navigate Geopolitical Crises
Government Review Recommends Slashing Benefits to Fund Youth Employment Initiatives
Senior Minister Shabana Mahmood Seeks New Law Enforcement Pact With European Union
Airbus Executive Warns Britain Risks Losing Crucial Role in European Space Industry
Exorbitant Electricity Costs Push British Steelmakers to Worst Competitive Position in Three Years
British Food and Beverage Exports to European Union Collapse by Over a Third Since Brexit
Up to Twenty English Maternity Units Face Impending Closure Due to Safety and Staffing Crises
Government Declares Severe Drought Across Southern England Following Record Dry Spell
Corporate Profit Warnings Reach Two-Year High Amid Middle East Conflict and Rising Costs
International Monetary Fund Warns Chancellor John Healey Against Proposed Bank Tax Raid
Northern Ireland Secures Favorable Agricultural Export Agreement with European Union
Scottish Government Approves Major Offshore Floating Wind Farm Near Aberdeenshire
High Speed Two Rail Project Faces Three Billion Pound Cost Escalation on Initial Phase
National Health Service Warns of Winter Capacity Crisis Across English Hospitals
Tata Steel Confirms Two Thousand Job Cuts at Port Talbot to Fund Green Transition
Global Microchip Developer Announces Three Billion Pound Semiconductor Plant in Cambridge
United Kingdom Artificial Intelligence Safety Institute Proposes Mandatory Licensing for Generative Models
United Kingdom Commits Additional Long-Range Weapons and Air Defenses to Ukraine
British Chancellor Overhauls Infrastructure Financing to Bypass Borrowing Constraints
Bank of England Holds Benchmark Interest Rate at Four Point Five Percent
First Minister Rhun ap Iorwerth Confirms Constitutional Discussions Over Welsh Independence During Initial Bilateral Call with Prime Minister
Labour Party Instructs Local Council Groups to Sever Power-Sharing Accords with Green Party Over New Controversial Policy Positions
Institute for Fiscal Studies Warns of Thirty-Five Billion Pound Fiscal Gap Ahead of Chancellor John Healey Upcoming Autumn Budget
House of Lords Backs Landmark Legislative Amendment to Decriminalize Abortion Across England and Wales
United Kingdom Defence Secretary Wes Streeting Travels to Pentagon for High-Level Strategic Talks Amid Escalating Tensions Over Ukraine and United States Policy Shifts
Bank of England and International Monetary Fund Officials Issue Urgent Warnings Regarding Potential Artificial Intelligence Financial Market Shocks
×