"The #UnitedStates has pledged $3 billion to the #GreenClimateFund, Vice President Kamala Harris said on Saturday in Dubai at the U.N. #COP28 climate summit.
The latest pledge would be additional to another $2 billion previously delivered by the United States. The politically divided U.S. Congress needs to authorize the funding."
The 52nd Pacific Islands Forum Meeting is in Rarotonga, Cook Islands from 6-10 November 2023, in lead up to #COP28. China and Australia's climate targets on the agenda as Pacific Islands Forum meeting kicks off in Cook Islands.
🇦🇺 PM Albanese is likely to commit about $50 million for the #GreenClimateFund and a substantially larger sum for the Pacific Resilience Facility, and will continue to seek support for hosting COP31 in 2026. Australia will likely come under pressure for expanding coal and gas as Pacific nations stress the Port Vila Call to Action for a Just Transition to a Fossil Fuel Free Pacific. https://www.pican.org/_files/ugd/923d4b_8c205a9319a645d4b4926155f49c6425.pdf
"Prolonged heatwaves, floods, raging wildfires and devastating hurricanes have struck these wealthier regions, leaving them bewildered.
Against this backdrop, it should surprise no one if richer nations redirect financing that was previously allocated for the Global South’s adaptation efforts, channelling it instead towards domestic recovery efforts."