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U.S. Pledges $3B To International Climate Fund For Developing Countries

News outlets report on President Obama’s pledge of $3 billion to the United Nations Green Climate Fund while at the G20 summit in Brisbane, Australia.

Los Angeles Times: Obama to pledge $3 billion in climate aid for developing countries
“President Obama will pledge $3 billion to an international climate fund aimed at helping developing countries prepare for and slow the effects of climate change, a White House official said Friday…” (Hennessey/Banerjee, 11/14).

New York Times: U.S. to Give $3 Billion to Climate Fund to Help Poor Nations, and Spur Rich Ones
“…It is not clear whether Mr. Obama’s $3 billion pledge will come from existing sources of funding, or whether he will have to ask Congress to appropriate the money. … The American contribution is meant to spur other countries to make similar pledges…” (Davenport/Landler, 11/14).