BRISBANE, Australia — President Obama's climate change agreement with China, which was announced Wednesday, has changed the agenda for the G20 summit that started Saturday.
The U.S.-China pledge announced in Beijing to reduce carbon emissions caught Australian summit planners off guard. The accord between the world's two biggest polluters had not been expected, and Australia's conservative prime minister Tony Abbott initially resisted putting climate change on the G20 agenda. Australia is the rotating chairman of the G20, formed in 2008 to deal with pressing global economic issues.
Obama will also announce a $3 billion U.S. contribution to the United Nations Green Climate Fund that facilitates poorer countries' investments in clean energy. The George W. Bush administration into 2008 had pledged $2 billion to the World Bank's Climate Investment Funds.
U.S. officials say the contribution will promote sustainable growth while preserving stability and security in some of the world's most fragile regions. The contribution, they say, demonstrates the need to reach across traditional divides to tackle climate change.
The UN loves that term...."sustainable growth" or "sustainable development"....
Is it me or is BO getting things done quicker either through EO's or accords?
No comments:
Post a Comment