The leaders of Britain and Germany have been urged to support global finance to pay for climate action in developing countries.
The call comes as Germany hosts the three-day Petersberg Climate Dialogue, a summit laying the groundwork for Cop28 in the UAE.
German diplomats expect the issue of “loss and damage” — compensation for countries hit by climate change — to feature in this week’s talks.
Demands from poorer countries also include debt repayments being suspended when a climate disaster hits.
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French President Emmanuel Macron is expected to host a summit next month on getting more money to the global south.
Germany’s Chancellor Olaf Scholz could use this week’s talks to build high-level support for the reform agenda, said Franklin Steves, a policy adviser at the think tank E3G and a former official at the European Bank for Reconstruction and Development.
He said comments by Britain’s Development Minister Andrew Mitchell vowing to “transform international finance” were welcome.
Mr Sunak and Britain’s Chancellor of the Exchequer Jeremy Hunt are “in theory supportive” but have not been visible in championing financial reform, Mr Steves told The National.
“It’s still uncertain whether Rishi Sunak will even attend the high-level political event in June,” he said.
