09 Dec The United States has promised to double its funding for poor countries to help them adapt to the effects of climate change
The United States has promised to double its funding for poor countries to help them adapt to the effects of climate change, announced Secretary of State John Kerry on Wednesday, 9 December at the COP21 Conference Centre at Le Bourget.
“We will not leave the most vulnerable nations among us to, quite literally, weather the storm alone”, he declared, saying that today, “the United States is committing to double […] public, grant-based adaptation investments by the year 2020”, in reference to the measures that will help face up to the consequences of global warming such as building embankments, reforestation, and weather warning systems. These funds totalled $430 million in 2014, according to American officials.
More generally, “the United States already contributes more than 2.5 billion to climate finance annually”, according to John Kerry.
The issue of finance between rich and developing countries is one of the issues of the COP21 negotiations.
During his speech, John Kerry also announced that the United States was part of the “High Ambition Coalition”, referring to a group launched the day before by the European Union and 79 countries, particularly in Africa and the Pacific, which are particularly exposed to the effects of climate change.