Authorization

U.S. gives $500m to UN climate change fund

U.S. gives $500m to UN climate change fundThe United States made a $500 million payment on Tuesday to the UN Green Climate Fund (GCF), three days before handing over power to a new president who has called global warming a "hoax," The Voice of America reported.

President Barack Obama made a $3 billion pledge to the fund in 2014. Tuesday's $500 million was the second payment in fulfilling that pledge.

"The GCF supports developing nations in their efforts ... to become more resilient to climate change, ... reducing the global and national security risks associated with inadequate adoption and preparedness for extreme weather events and other climate-related impacts," State Department spokes John Kirby said.

Kirby later told reporters there was no "nefarious desire" to provoke a reaction from the new administration by announcing the payment three days before Donald Trump takes over.

It is possible that the Trump administration could decide to withhold the rest of the U.S. pledge to the fund.

Trump has threatened to tear up the Paris climate change agreement.

But his nominee for secretary of state, Rex Tillerson, said at his confirmation hearing last week that it is important for the U.S. to have a "seat at the table" in tackling global warming.

The GCF was created to convince developing countries, like China, to sign onto the Paris climate accords in 2015. In total, Western countries promised $100 billion by 2020 to fund green programs in poor countries.
See also:
Leave a comment
News
  • Latest
  • Read
  • Commented
Calendar Content
«    Декабрь 2018    »
ПнВтСрЧтПтСбВс
 12
3456789
10111213141516
17181920212223
24252627282930
31