MACRON SEEKS MORE MONEY TO SLOW CLIMATE CHANGE

12/11/2017

At the "One Planet" summit, two years after the Paris Agreement, there will be a focus on how public and private financial institutions can mobilize more money to address climate change. This focus is a result of the United States pulling out of the Agreement, leaving a $2 billion funding gap in the Green Climate Fund. Funding is not on track, with developing countries noting that the richer countries have not met funding goals that would allow them to switch from fossil fuels. France last month pushed back its own deadline to reduce nuclear power in its energy mix in favor of renewable energy sources, contrary to the overall environmental goal. For the full story see https://uk.reuters.com/article/uk-climatechange-summit/frances-macron-h…