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Thursday, March 28, 2024 | Back issues
Courthouse News Service Courthouse News Service

Pledges for Global Climate Fund Reach $11 Billion

France's finance minister says pledges to replenish an international fund to help poor nations tackle climate change will reach nearly 10 billion euros, or $11 billion.

PARIS (AP) — France's finance minister says pledges to replenish an international fund to help poor nations tackle climate change will reach nearly $11 billion.

Finance Minister Bruno Le Maire, speaking at a conference in Paris to replenish the Green Climate Fund, called it “a great success.”

“This is a European success,” he said, as almost half of the amount was provided by France, Germany and Britain alone.

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 takes place a little over a month before the United Nations’ annual climate conference, which will be held in Santiago, Chile this year.

Categories / Environment, International

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