Current:Home > ContactDeveloped nations pledge $9.3 billion to global climate fund at gathering in Germany -Wealth Pursuit Network
Developed nations pledge $9.3 billion to global climate fund at gathering in Germany
View
Date:2025-04-15 18:59:31
VIENNA (AP) — Developed countries pledged $9.3 billion to help poor nations tackle climate change at a conference held in the German city of Bonn on Thursday, authorities said. However, nongovernmental groups criticized the outcome, saying the funds fall short of what is needed to tackle climate change.
The pledges will help replenish the South Korea-based Green Climate Fund, established in 2010 as a financing vehicle for developing countries. It’s the largest such fund aimed at providing money to help poorer nations in reducing their emissions, coping with impacts of climate change and boosting their transitions to clean energy.
The pledged money at the conference in Bonn will be used to finance projects in developing and emerging nations between 2024 and 2027. The German government alone pledged 2 billion euros ($2.1 billion).
Twenty-five countries came forward with fresh pledges while five said that they would announce theirs in the near future.
“The collected sum will likely turn out to be much higher,” the German Foreign Ministry and the German Ministry for Economic Cooperation and Development said in a joint statement.
Three quarters of contributing states increased their pledges, compared to the previous donor conference in 2019, including Germany, Austria and France. Denmark, Ireland and Liechtenstein doubled their pledges.
There was no mention of pledges from the United States. The office of the U.S. climate envoy John Kerry was not immediately available for comment.
However, civil society and NGOs criticized the commitments, saying they fall short of what is needed to tackle the impact of climate change on vulnerable communities in developing nations.
“The Green Climate Fund, envisioned as the lifeline for climate action in developing nations, is held back by the indifference of wealthy countries,” said Harjeet Singh, Head of Global Political Strategy of the Climate Action Network International, a global network of over 1900 environmental civil society organizations in over 130 countries.
“The silence of the United States ... is glaring and inexcusable,” Singh said.
“Developed countries are still not doing their part to help developing countries and affected people and communities with urgent climate actions,” said Liane Schalatek, associate director at the Heinrich Böll Foundation in Washington.
The issue of financial support to poorer nations will play a major role during the upcoming U.N. Climate Change Conference, COP28, starting in Dubai at the end of November.
Sultan Al Jaber, president designate of COP28, told The Associated Press in a statement that “the current level of replenishment is neither ambitious nor adequate to meet the challenge the world faces.”
“We must go further in our support for the most vulnerable, who are adversely impacted by escalating climate impacts,” he said.
German Minister for Economic Development Svenja Schulze, who hosted the Bonn conference, called on more nations to contribute their “fair share” to the financial effort.
“Besides the other industrialized nations, I increasingly see also the responsibility of countries who are not part of the classical donors: for example, Gulf states that got rich due to fossil energy, or emerging nations such as China who by now are responsible for a large share of carbon emission,” said Schulze.
Representatives from 40 countries attended the conference.
___
Associated Press writers Dana Beltaji in London and Seth Borenstein in Washington contributed to this report.
___
Read more of AP’s climate coverage at http://www.apnews.com/Climate
veryGood! (755)
Related
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- FTX co-founder testifies against Sam Bankman-Fried, saying they committed crimes and lied to public
- Woman speaks out after facing alleged racially motivated assault on Boston train
- Tom Holland and Zendaya’s Latest Photos Are Paw-sitively Adorable
- Former longtime South Carolina congressman John Spratt dies at 82
- WNBA officially puts team in San Francisco Bay Area, expansion draft expected in late 2024
- Bangladesh gets first uranium shipment from Russia for its Moscow-built nuclear power plant
- India says the Afghan embassy in New Delhi is functioning despite the announcement of suspension
- In ‘Nickel Boys,’ striving for a new way to see
- How Vanderpump Rules' Tom Sandoval Wanted to Craft the Perfect Breakup Before Cheating Scandal
Ranking
- Intellectuals vs. The Internet
- New report on New Jersey veterans home deaths says to move oversight away from military
- A year after Thai day care center massacre, a family copes with their grief
- Signs of progress as UAW and Detroit automakers continue active talks
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- A homeless man is charged with capital murder and rape in the death of a 5-year-old Kansas girl
- Mysterious injury of 16-year-old Iranian girl not wearing a headscarf in Tehran’s Metro sparks anger
- 2 pollsters killed, 1 kidnapped in Mexico; cartel message reportedly left with victims
Recommendation
Military service academies see drop in reported sexual assaults after alarming surge
Tropical Storm Philippe is on a path to New England and Canada
Horoscopes Today, October 5, 2023
Republican leader of Wisconsin Assembly says he won’t move to impeach state’s top elections official
Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
House fire or Halloween decoration? See the display that sparked a 911 call in New York
More than 70 million candy rollerballs recalled after 7-year-old girl choked to death
Week 6 college football picks: Predictions for every Top 25 game