General

Pledges for International Fund to Help Poor Nations Tackle Climate Change Reach about $10 Billion

Author : NewsGram Desk

Governments have pledged nearly $10 billion toward an international fund meant to help poor nations tackle climate change, France's finance minister said Friday. Pledges.

Bruno Le Maire, speaking at a conference in Paris set to replenish the Green Climate Fund, said "it's a great success" that he attributed largely to European countries, noting that almost half of the amount is being provided by France, Germany and Britain alone.

"Many countries will double their contributions and bring twice more than what they had given at the creation of the fund," Le Maire said.

The South Korea-based fund, which provides money to help developing countries reduce their emissions and cope with the impacts of climate change, says it has nearly exhausted some $7 billion received following an initial funding round five years ago.

Bruno Le Maire, speaking at a conference in Paris set to replenish the Green Climate Fund, said "it's a great success" that he attributed largely to European countries. Pixabay

U.S. President Donald Trump's decision to withhold $2 billion of the $3 billion pledged by his predecessor, Barack Obama, has contributed to a shortfall at the fund that other countries have struggled to fill.

The meeting in Paris took place a little over a month before the U.N.'s annual climate conference, which will be held in Santiago, Chile, this year. (VOA)

Subscribe to our channels on YouTube and WhatsApp

Download our app on Play Store

Haaland's Norway Receive Hero's Welcome After Quarter-Final Loss: Fans Flood Streets to Celebrate Team's Historic World Cup Run

Did Russia or Iran Poison Lindsey Graham? Why Conspiracy Theories Erupted After His Sudden Death

S. Janaki's Legacy as the Nightingale of South India: A Voice That Transcends Death Through 40,000+ Songs Across 20 Languages

“Bathroom Door Opened While I Was Inside”: Content Creator Apoorva Mukhija aka The Rebel Kid Shares Horrifying IndiGo Flight Experience

FIFA Removes French Referee from Argentina-Egypt Match Amid 'Fixing' Row; Swiss Fans Hit Streets Against President Infantino