Former UK prime minister Boris Johnson said on Monday that the UK did not have the financial resources to pay “reparations” to low-income countries affected by climate change.
Speaking at an event organised by the New York Times at COP27 in Egypt, Johnson said that climate action had been “one of the most important collateral victims” of Russia’s invasion of Ukraine and called for leaders not to give in to “energy blackmail”.
He said that net zero would have to be achieved through investment from the private sector in partnership with the international community rather than through taxpayers in western countries.
“Per capita, people in the UK put a lot of carbon in the atmosphere,” said Johnson. “But what we cannot do I’m afraid is make up for that with some sort of reparations, we simply do not have the financial resources.”