US Vice President Kamala Harris introduced right this moment, Saturday, throughout her participation within the United Nations Local weather Summit (COP28), that the USA is promising to supply three billion {dollars} to the Inexperienced Local weather Fund.
This fund is the biggest worldwide fund centered on supporting local weather motion in creating nations and has obtained commitments of greater than $20 billion.
The brand new American dedication is along with the 2 billion {dollars} that the USA beforehand supplied to the fund.
Harris introduced the pledge in her speech on the summit.
“Immediately I’m proud to announce that we are going to make a brand new dedication of $3 billion to the Inexperienced Local weather Fund, which helps creating nations spend money on resilience, clear vitality and nature-based options,” she mentioned.
The fund’s coordinators mentioned in October that the present second spherical of replenishment had secured commitments of round $9.3 billion to finance tasks in nations susceptible to the impacts of local weather change between 2024 and 2027.
Along with supporting local weather adaptation, the Fund additionally funds tasks to assist nations with the transition to scrub vitality.
Harris will signify the USA at COP 28, as a part of a U.S. delegation that additionally consists of local weather envoy John Kerry and dozens of senior officers and ministers.
