"Establishment of the fund in 2023 was a victory for climate change activists from developing nations."
"The Trump administration has withdrawn the United States from the United Nations climate damage fund that was established in 2023 to help developing countries most vulnerable to climate change when natural disasters strike.
Establishment of the fund was a victory for climate change activists from developing nations, with nearly 200 countries signing onto the agreement. At the 2023 climate conference, the U.S. pledged $17.5 million to the fund, while the EU contributed $245 million, including $100 million from Germany.
"Both the United States Board Member and United States Alternate Board Member will be stepping down, not to be replaced by a U.S. representative," Rebecca Lawlor, the U.S. representative on the fund's board, said in a March 4 letter."
Jordyn Dahl reports for Politico March 8, 2025.
SEE ALSO:
"US Exits Fund That Compensates Poorer Countries For Global Heating" (Guardian)
"Exclusive-US Withdraws From Plan To Help Major Global Polluters Move From Coal" (Reuters)
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