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The US pledges $3 billion to the green climate fund at COP28!
12:02 - 12/03/2023

The United States has pledged $3 billion to the Green Climate Fund, Vice President Kamala Harris said Saturday in Dubai at the UN's COP28 climate summit.

The fund, with more than $20 billion in pledges, is the largest international fund dedicated to supporting climate action in developing countries.

The latest pledge, which Reuters first reported, will be in addition to another $2 billion previously committed by the United States.

Sources said the commitment was subject to availability of funds. The politically divided US Congress must authorize the funding. US Vice President Kamala Harris announced the pledge in her speech at the summit.

"Today I'm also proud to announce a new $3 billion pledge to the Green Climate Fund, which helps developing countries invest in resilience, clean energy and nature-based solutions," she said.

The fund's facilitators said in October that the current second round of top-ups had brought about $9.3 billion in pledges to finance projects in climate-vulnerable counties between 2024 and 2027.

However, the pledges so far represent a fraction of the roughly $250 billion that developing countries would need each year by 2030 just to adapt to a warmer world, according to the United Nations. In addition to supporting climate adaptation, the fund also finances projects to help countries transition to clean energy.

Harris, who is representing the United States at COP28 in place of President Joe Biden, is part of a US delegation that also includes climate envoy John Kerry and dozens of senior administration officials and cabinet members.

“It was important to both the president and the vice president to make sure that a leader from the United States was at the COP,” one official said, adding that Harris wanted “to make sure we're telling the world the story of the progress we've made. in the USA"

Edel Strazimiri / SCAN

https://scantv.al/shba-premton-3-miliarde-dollare-per-fondin-e-klimes-se-gjelber-ne-cop28/