The analysis commissioned by UK and Australia claimed that the developed countries were on road to raise at least US$ 64 billion just from public sources by 2020. Developed countries are obliged to mobilise at least US$ 100 billion, from public, private and other sources, every year from 2020 to help developing countries fight climate change.
Meanwhile, US Secretary of State John Kerry today sought to calm the nerves of climate officials and activists who have been concerned at the election of Donald Trump as the next US President. Trump has promised to pull US out of the Paris Agreement, but Kerry today said this stand could change. “In the time that I have spent in public life, one of the things I have learnt is that some of the issues look a bit different when you are actually in office compared to when you are on the campaign trail,” said Kerry.
(Sourced from agencies, feature image courtesy:oneindia.com)