United Nations Framework Convention on Climate Change

Environmental groups urge climate fund to exclude fossil fuels

Environmental groups are demanding tighter rules on climate finance for poor nations after an Associated Press investigation showed Japan bankrolled coal-fired power plants with money earmarked for fighting global warming.

On the sidelines of U.N. climate talks in Lima, green groups on Dec. 4 urged the recently launched Green Climate Fund to exclude money for fossil fuels.

Obama unveils $3 bn contribution to UN climate fund: US official

US President Barack Obama will pledge $3 billion to a UN fund aimed at mitigating the effects of climate change in the world's poorest countries, a US official said Nov. 14.
      
"It is in our national interest to helping vulnerable countries to build resilience to climate change," the administration official said as Obama headed to a G20 summit in Australia.
      

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