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Pledges for global climate fund reach about $11 billion

Posted October 25, 2019 7:00 am

Associated Press

PARIS (AP) - France's finance minister says pledges to replenish an international fund meant to help poor nations tackle climate change will reach nearly 10 billion euros ($11 billion).

Finance Minister Bruno Le Maire, speaking at a conference in Paris set to replenish the Green Climate Fund, said "it's a great success."

He added "this is a European success," noting that almost half of the amount is provided by France, Germany and Britain alone.

U.S. President Donald Trump's decision to withhold $2 billion of the $3 billion pledged by his predecessor, Barack Obama, has contributed to a shortfall at the fund that other countries have struggled to fill.

The meeting takes place a little over a month before the U.N.'s annual climate conference, which will be held in Santiago, Chile, this year.

Extinction Rebellion activists Ursula Pethick, aged 83, John Lynes, 91, and John Halladay, 61, leave court where they were bailed to attend trial at a leter date charged in connection with an environmental protest, in Folkestone, England, Wednesday Oct. 23, 2019. The protesters were detained by police during a demonstration by climate change pressure group Extinction Rebellion, blockading a major roadway near the Port of Dover, southern England. All three protesters pleaded not guilty to the charges. (Kirsty O'Connor/PA via AP) The Associated Press

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