Green Climate Fund reaches $10 billion goal
Reuters
2014-12-10
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Environment talks in Lima were given a boost after Australia's surprise contribution into the Green Climate Fund.
Australian Foreign Minister Julie Bishop.
(SOUNDBITE) (English) JULIE BISHOP, AUSTRALIAN FOREIGN MINISTER SAYING:
"Co chairs, I have been asked by the Australian Prime Minister Tony Abbott to announce today at this meeting that Australia will pledge a contribution of two hundred million Australian dollars over four years to the Green Climate Fund."
Leaders from 190 nations are attending the talks to work on a draft to curb greenhouse gas emissions.
Officials said the fund, which helps poor nations cut greenhouse gasses, has now surpassed the $10 billion dollar goal set by the U.N.
Australia had previously been criticised after not having made a donation at a climate meeting last month.
Prime Minister Tony Abbott defended the move when asked if it was another backflip in policy.
(SOUNDBITE) (English) AUSTRALIA PRIME MINISTER TO
Australian Foreign Minister Julie Bishop.
(SOUNDBITE) (English) JULIE BISHOP, AUSTRALIAN FOREIGN MINISTER SAYING:
"Co chairs, I have been asked by the Australian Prime Minister Tony Abbott to announce today at this meeting that Australia will pledge a contribution of two hundred million Australian dollars over four years to the Green Climate Fund."
Leaders from 190 nations are attending the talks to work on a draft to curb greenhouse gas emissions.
Officials said the fund, which helps poor nations cut greenhouse gasses, has now surpassed the $10 billion dollar goal set by the U.N.
Australia had previously been criticised after not having made a donation at a climate meeting last month.
Prime Minister Tony Abbott defended the move when asked if it was another backflip in policy.
(SOUNDBITE) (English) AUSTRALIA PRIME MINISTER TO
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