Posted on 01/17/2017 3:23:21 PM PST by BenLurkin
Thats on top of another $500 million transferred last March, meaning the United States has now sent $1 billion to the fund, or a third of the presidents pledge.
The Green Climate Fund is a critical tool that helps catalyze billions of dollars in public and private investment in countries dealing not only with the challenges of climate change, but the immense economic opportunities that are embedded in the transition to a lower carbon economy, said Department spokesman John Kirby at a press briefing Tuesday.
...
Kirby said in a statement that the funds came from a 2016 appropriation for the agencys Economic Support Fund. This $4.3 billion fund contains some dollars earmarked for specific programs and other dollars that are not officially allocated the current monies came from the latter.
By the year 2020, under the 2009 Copenhagen accord, developed nations are supposed to be allocating $100 billion annually on climate-change aid to poorer, developing nations, money to be used for clean energy projects and climate change adaptation measures, among other expenditures. Much, but not all of this money is intended to be distributed through the Green Climate Fund, which has already raised $10 billion so far.
The broader idea of wealthier nations helping poorer ones adapt to a changing planet, and to transition their energy systems, was a fundamental component of bringing all nations on board to the agreement, and environmental groups hailed the move Tuesday.
...
At the State Department press briefing, when asked about the timing of the release of the funds, Kirby said that this is an investment that had been long-planned. I dont I dont believe there was any nefarious desire or intent to do it just two days before [the inauguration].
(Excerpt) Read more at washingtonpost.com ...
@ssholes.
Tell them to return it
The last money the UN will probably see from the US.
I’d say make that the last US Taxpayer money they receive.
coughForSkimmingLaterLikeTheClintonFoundationcough
Buying future favors before hitting the door. With OPM. And I don’t meant Office of Personnel Management.
How much will actually be spent on “alternative energy” and how much will get funneled into “climate change” political advocacy is any one’s guess.
So SOS John F’n Kerry is just following orders ... total scum!
REFUSE TO HONOR THE CHECK.... RUBBER/BOUNCE THE CHECK
cancel the check
” I dont I dont believe there was any nefarious desire or intent to do it just two days before [the inauguration].
LIAR.
Whichever Congressional idiots approved this need to be cut down to size. Hopefully whoever Trump's SOS turns out to be will make some heads roll in that out-of-control department.
First time there’s a cold day, sue for fraud.
The “transfer” is not instantaneous. It takes time for it to actually be completed, and if Trump so desires, he can pull that money back the moment he assumes the office of POTUS.
You are being generous in assuming that much of the money will funneled into something that at least the left considers useful. I am thinking despots Swiss bank accounts and luxuries (e.g. $4K suits).
Ripping off the taxpayers one last time.....
“Funds earmarked for specific ***programs***”
Translation: teat-cash destined to be sucked up by thousands of newly hired, do-nothing bureaucrats.
Just like in the old Soviet Union under Stalin, a whole new class of oppressors is being given power in the so-called classless utopia.
Move the UN to Germany. Merkel takes all refugees.
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