G7 leaders commit to raise climate finance contributions

Greenpeace UK's executive director, John Sauven, described the track record of rich nations in honouring their commitments as "dismal".

CARBIS BAY, England: G7 leaders will commit on Sunday to increase their climate finance contributions to meet an overdue spending pledge of $100 billion a year to help poorer countries cut carbon emissions and cope with global warming.

As part of plans billed as helping speed the finance of infrastructure projects in developing countries and a shift to renewable and sustainable technology, the world's seven most advanced economies will again pledge to meet the target.