Tags: EU | Climate Fund

Pledges for Global Climate Fund Reach about $11 Billion

Pledges for Global Climate Fund Reach about $11 Billion

Friday, 25 October 2019 05:39 AM EDT

PARIS (AP) — 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 Bruno Le Maire, speaking at a conference in Paris set to replenish the Green Climate Fund, said "it's a great success."

He added "this is a European success," noting that almost half of the amount is provided by France, Germany and Britain alone.

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 takes place a little over a month before the U.N.'s annual climate conference, which will be held in Santiago, Chile, this year.

© Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


GlobalTalk
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 Bruno Le Maire, speaking at a conference in Paris set to replenish the Green Climate...
EU,Climate Fund
131
2019-39-25
Friday, 25 October 2019 05:39 AM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
 
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved