Electricity

Obama provides $500M for Green Fund as farewell gesture

Thursday, 19 January 2017 07:48

The White House said it has disbursed an additional $500 million for the Green Fund for Climate. Adding this to the sum U.S. provided last March ($500 million also), it makes a total of $1 billion that the nation has invested in the fight against global warming.

During the COP21 held in Paris in 2015, the U.S. committed to provide, by 2020, $100 billion to help less developed nations in their adaptation process. At the time, it provided $3 billion.

The new announcement comes as outgoing president, Barack Obama, is about to leave for president-elect, Donald Trump, to take his position. The incoming leader is thought to be not as opened about climate change as Obama. Some even believe he might review the country’s commitment towards climate change.

According to a survey published by the Washington Post, 56% of the U.S. population is against the cancellation of the Paris Agreement for climate change.

Another study from Reuters also revealed that 60% of U.S. citizens are against the weakening of the environment protection agency as president-elect, Trump, said he will appoint as its new chief Scott Pruitt, an individual that opposed on various occasions the organisation’s decisions.

Gwladys Johnson

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