U.S. Pledges $3 Billion To Developing Countries In The Global Fight Against Climate Change

Posted by Mike Confino, November 15, 2014

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On the heels of this week’s celebrated U.S.-China climate pact, the U.S. has pledged $3 billion to support the global effort to curb emissions and adapt to climate change.

The U.S. pledge to the Green Climate Fund (GCF), a new multilateral fund that will help developing countries shift to pathways of low-carbon and climate-resilient growth, is the largest national pledge to date. President Obama made the announcement Saturday, at the start of the G20 summit in Brisbane, saying that contributions to the GCF will allow developing countries to “leapfrog some of the dirty industries that powered our development [and] go straight to a clean energy economy that allows them to grow, create jobs, and at the same time reduce their carbon pollution.”

via U.S. Pledges $3 Billion To Developing Countries In The Global Fight Against Climate Change | ThinkProgress.

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