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| Obama signs $500m check to Green Climate Fund that Trump threatened to cut | Obama signs $500m check to Green Climate Fund that Trump threatened to cut |
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| Three days before leaving the White House, President Barack Obama signed a $500 million check Tuesday to the Green Climate Fund, an international organized designed to help poor countries adopt clean energy technologies. | Three days before leaving the White House, President Barack Obama signed a $500 million check Tuesday to the Green Climate Fund, an international organized designed to help poor countries adopt clean energy technologies. |
| Today’s check brings a total of $1 billion in contributions from the US to help developing nations cope with the threat of climate change, the State Department said in a statement. The grant is a part of the $3 billion pledge made by President Obama back in 2014, which helped bring together pieces of last year’s Paris Climate Change act. | Today’s check brings a total of $1 billion in contributions from the US to help developing nations cope with the threat of climate change, the State Department said in a statement. The grant is a part of the $3 billion pledge made by President Obama back in 2014, which helped bring together pieces of last year’s Paris Climate Change act. |
| “The Green Climate Fund is a critical tool that helps catalyze billions of dollars in public and private investment in countries dealing not only with the challenges of climate change, but the immense economic opportunities that are embedded in the transition to a lower carbon economy,” Department spokesman John Kirby told reporters at a briefing Tuesday. “The United States is pleased to have played a leading role in the establishment of the GCF.” | “The Green Climate Fund is a critical tool that helps catalyze billions of dollars in public and private investment in countries dealing not only with the challenges of climate change, but the immense economic opportunities that are embedded in the transition to a lower carbon economy,” Department spokesman John Kirby told reporters at a briefing Tuesday. “The United States is pleased to have played a leading role in the establishment of the GCF.” |
| However, President-elect Donald Trump campaigned on the promise to cancel future payments to the organization’s fund and redirect them toward projects within the country. He’ll also have Congressional Republicans on his side, who’ve condemned this type of spending in the past. | However, President-elect Donald Trump campaigned on the promise to cancel future payments to the organization’s fund and redirect them toward projects within the country. He’ll also have Congressional Republicans on his side, who’ve condemned this type of spending in the past. |
| Meanwhile, supporters of environmental fund applauded the State Department's donation. “This contribution shows that even as we face an incoming Administration that engages in dangerous climate denial, those of us in the United States who believe in taking action to save our planet, our economy, and our future will continue doing everything in our power to move forward,” Oregon’s Senator Jeff Merkley, a Democrat, said in a statement. | |
| “I am glad that other countries are continuing to take this challenge seriously and that we can continue to work together to fight climate change.” | “I am glad that other countries are continuing to take this challenge seriously and that we can continue to work together to fight climate change.” |