WRITTEN BY ISABELLE GERRETSEN ON NOV 17, 2022. POSTED IN LATEST NEWS
GOP Midterm Gains Quash Hopes Of US Paying Climate Reparations
cop27 money protestRepublicans have taken control of the House of Representatives, diminishing the chances of the US delivering on its climate finance pledges.
President Joe Biden promised $11.4 billion a year by 2024 to support climate action in developing countries, including an overdue $2bn to the Green Climate Fund (GCF). [emphasis, links added]
But he got little through Congress in his first two years of office. A rightward swing in midterm elections, while smaller than predicted, will make it harder to appropriate funds for the climate agenda
https://climatechangedispatch.com/gop-midterm-gains-quash-hopes-of-us-paying-climate-reparations/
