– Just off a historic climate deal with China, President Obama will now pledge up to $ 3 billion toward the financing of climate adaptation and clean energy investments for poor countries, an offer announced on the eve of an international pledging conference in Berlin on Nov. 20. The money would go toward the Green Climate Fund, an initiative originally launched during international climate negotiations in Cancun, Mexico, in 2010 and that is seen as crucial to securing a global consensus on emissions reductions — a difficult task indeed when countries of the world have made highly disparate contributions to the current global warming trend.


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