Obama, in latest climate move, to pledge $3 billion for global fund
Source: Reuters
(Reuters) - President Barack Obama on Friday pledged a $3 billion U.S. contribution to an international fund to help poor countries cope with the effects of climate change, putting the issue front and center of the G20 Leaders Summit in Australia.
The large size of the contribution took climate policy watchers by surprise and doubles what other countries had previously pledged ahead of a Nov. 20 deadline. It would be the second major move on climate change taken by Obama after big Democratic losses in last week's midterm elections.
"Along with other nations that have pledged support, well help vulnerable communities with early-warning systems, stronger defenses against storm surges, and climate-resilient infrastructure," Obama said in remarks ahead of the official opening of the G20 summit.
"Well help farmers plant more durable crops. Well help developing economies reduce their carbon pollution and invest in clean energy."
Read more: http://in.reuters.com/article/2014/11/15/us-usa-climatechange-obama-idINKCN0IY1LD20141115
Obama seems to be energized during this Lame Duck session! It's so great to see him doing something about climate change.
Rhiannon12866
(206,720 posts)Response to Rhiannon12866 (Reply #1)
Chemisse This message was self-deleted by its author.
Rhiannon12866
(206,720 posts)I figured you'd notice, probably sooner rather than later...
jwirr
(39,215 posts)hope they are for local consumption and not for export. Clean energy - solar and wind on the small scale as well as a larger scale would be good. And clean water is vital.