Minister warns businesses will face multibillion dollar climate funding bill

Jessica Shankleman
clock

Greg Barker predicts US elections and change of leadership in China could impede progress at UN climate change negotiations

The global business community can expect to shoulder a large chunk of the $100bn a year bill that governments in industrialised countries have agreed to pay to help developing nations cope with the impacts...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Policy

 Study: Policymakers underestimate public support for climate action

Study: Policymakers underestimate public support for climate action

New research from the Smith School of Enterprise and the Environment at the University of Oxford suggests politicians are consistently underestimating levels of public support for climate policies

clock 06 August 2025 • 2 min read
How the Biodiversity Net Gain regime could deliver £12.3bn in economic gains

How the Biodiversity Net Gain regime could deliver £12.3bn in economic gains

Policy could drive over £12bn in net value over the next decade if the government meets its house-building targets - but scrapping the scheme for small sites threatens protection of a habitat eight times the size of Manchester

Stuart Stone
clock 06 August 2025 • 5 min read
New European Commission standard to protect SMEs from 'excessive' sustainability data requests

New European Commission standard to protect SMEs from 'excessive' sustainability data requests

New standard developed by EFRAG to guide larger companies and financial institutions on sustainability data requests to SMEs

clock 04 August 2025 • 2 min read