G7 agrees to boost climate finance, plans to meet $100 bn a year target

But climate groups said the promise made in the summit's final communique lacked detail and the developed nations should be more ambitious in their financial commitments

G7 leaders agreed on Sunday to raise their contributions to meet an overdue spending pledge of $100 billion a year by rich countries to help poorer countries cut carbon emissions and cope with global warming, but only two nations offered firm promises of more cash.
 

Alongside plans billed as helping speed infrastructure funding in developing countries and a shift to renewable and sustainable technology, the world's seven largest advanced economies again pledged to meet the climate finance target.
 

But climate groups said the promise made in the summit's final communique lacked detail and the developed nations should be more ambitious