Published 16:31 IST, October 25th 2019
Pledges for global climate fund reach about $11 billion
France’s finance minister says pledges to replenish an international fund meant to help poor nations tackle climate change will reach nearly 10 billion euros ($11 billion).
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France’s finance minister says pledges to replenish an international fund meant to help poor nations tackle climate change will reach nearly 10 billion euros ($11 billion).
Finance Minister Bru Le Maire, speaking at a conference in Paris set to replenish Green Climate Fund, said “it’s a great success.”
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He ded “this is a European success,” ting that almost half of amount is provided by France, Germany and Britain alone.
U.S. President Donald Trump’s decision to withhold $2 billion of $3 billion pledged by his predecessor, Barack Obama, has contributed to a shortfall at fund that or countries have struggled to fill.
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meeting takes place a little over a month before U.N.’s annual climate conference, which will be held in Santiago, Chile, this year.
16:26 IST, October 25th 2019