In its second major international climate policy announcement of the week, the Obama administration is expected to declare as early as Friday that it intends to provide $3 billion over the course of four years to help developing countries adapt to global warming impacts and transition to renewable energy technologies
President Obama is expected to make the announcement at the start of the G20 meeting in Brisbane, Australia, raising the pressure on other G20 leaders to follow through with their own pledges
The announcement, which was first reported by The Guardian, particularly shines a spotlight on Australian Prime Minister Tony Abbott, who has said his nation will not pay into the fund — and who has played a role in keeping climate change off the list of priorities of the G20 summit. Abbott’s government also dismantled a carbon tax program and is viewed as being skeptical on mainstream climate science findings. Read more...
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from MashableAndrew Freedman
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