27 Countries Pledge $9.8 Billion To Climate Fund

The Green Climate Fund announced plans to help poor nations combat climate change over four years. Despite contributions from countries like Canada and the UK, the US did not pledge. The fund aims to increase its capacity from $1.4 billion to $2.4 billion annually. Criticism was directed at the US and Australia for non-participation, and at other countries for insufficient contributions. The fund hopes to secure more resources before the UN Climate Conference.

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