From 2023, Denmark will allocate approximately DKK 3.8 billion annually to climate assistance.
This is what Prime Minister Mette Frederiksen (S) says on Monday in New York, where she participates in the UN Secretary-General Antonio Guterres’ “Climate Moment” together with about 36 selected heads of state and government from around the world.
This is happening in connection with the UN General Assembly.
– The latest climate report from the UN Climate Panel should be a wakeup call that we must and must do more to combat the climate crisis now.
– Especially the rich countries must deliver more, says Mette Frederiksen in a written comment.
According to a written comment, Denmark will also “mobilize a similar amount through the Investment Fund for Developing Countries and the multilateral development banks”.
In total, Denmark will therefore make a contribution of between seven and eight billion kroner to international climate financing.
Denmark, like other rich countries in the world, has committed itself to providing at least 0.7 per cent of gross national income (GNI) for development aid, to which climate aid belongs.
The government’s proposal for the Finance Act for next year states that the government wants to let a larger part of development aid go to climate initiatives.
The proposal states that Denmark must be “a leader on the green development policy agenda and take the lead in the fight against climate change by setting an ambitious goal that climate and green development aid should make up 30 percent of development aid”.
– We will target at least 60 percent of climate assistance for climate adaptation efforts in the most vulnerable and poor countries, says Mette Frederiksen.
– At the same time, we will mobilize additional climate finance from other public and private sources.
– We will thus contribute at least one percent of the total international goal of 100 billion dollars, she says.