U.S. Says Goal of $30 Billion in Climate Aid Within Reach - Businessweek
Nov. 28 (Bloomberg) -- Rich countries are set deliver $30 billion in short-term climate change-financing and remain committed to find $100 billion a year by 2020, a U.S. State Department official said.
The U.S.’s “fast-start” funds for fiscal 2011 totaled $3.1 billion, up from $2 billion a year earlier, Jonathan Pershing, deputy special envoy for climate change, told reporters today at United Nations-led climate negotiations in Durban, South Africa.
The U.S., the largest historical greenhouse-gas emitter, has promised to pay its “fair share” of $30 billion from 2010 to 2012. The money helps boost U.S. credibility on environmental issues at a time when many nations are skeptical about its commitment to fight global warming, said Keya Chatterjee, director of climate negotiations for WWF.
No comments:
Post a Comment