AMSTERDAM - The United States will “make good” on financial commitments to developing countries struggling with climate change, top U.S. climate envoy John Kerry told a summit of world leaders on Monday.
He did not give details about those investments, but promised Washington would soon announce a new target for reducing U.S. greenhouse gas emissions that “meets the urgency of the challenge”.The United States has delivered only $1 billion of the $3 billion it pledged under former President Barack Obama to the U.N. Green Climate Fund, set up to help vulnerable countries transition to clean energy and adapt to a warmer future.
Separately, Chinese President Xi Jinping, at a virtual meeting of the World Economic Forum, said that meeting the targets he announced in September – to peak carbon emissions before 2030 and achieve carbon neutrality by 2060 - would “require tremendous hard work from China”.
This is what I expected Obama et al to do; realizing that they all descended on one city for a bunch of elbow-rubbing and back-patting showed me that the whole thing was a virtue-signalling stunt.
horrible