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Obama to pledge $3 billion in climate aid for developing countries
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. The U.S. pledged the money to the United Nations Green Climate Fund, an integral part of the international effort to craft an agreement to address climate change. The fund, created in 2011, asks industrialized countries and their private sectors that pumped most of the greenhouse gases into the atmosphere over the last century to now provide aid to developing countries so they can shift to low-carbon fuel and adapt to the effects of climate change. Research has shown that the poorest countries...

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