U.S. Commits $3 Billion to Green Climate Fund at COP28
Vice President Kamala Harris announces the pledge, which includes $449 million for gender equity programs, amid a divided Congress.
- Vice President Kamala Harris announced a $3 billion pledge to the Green Climate Fund at the U.N. climate summit in Dubai.
- The fund is dedicated to supporting climate action in developing countries and the pledge is in addition to another $2 billion previously delivered by the U.S.
- The funding comes amid a divided Congress, with Republicans vocal about wanting to cut spending and fight President Biden’s agenda.
- Part of the pledge includes $449 million for new programs such as Global Girls Creating Change, aimed at providing professional opportunities in the sustainable economy for girls and young women in 29 different countries.
- The pledge is subject to fund availability.