PARIS, France  -The United States offered no additional funds to the world's largest climate fund on Thursday, overshadowing fresh support for nations most vulnerable to global warming and infuriating campaigners. The Green Climate Fund (GCF), seen as a key element of the landmark 2015 Paris Agreement, funnels grants and loans for adaptation and mitigation projects, mostly in Africa, the Asia-Pacific region, Latin America and the Caribbean. It plays a part in the promise by rich countries to supply $100 billion of climate financing to poorer nations every year, which has already missed an initial 2020 deadline.

https://business.inquirer.net/425142/us-offers-no-new-cash-to-climate-fund-for-developing-world

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