"The first chunk of a $3 billion commitment made at the Paris climate talks ‘shows the US stands squarely behind climate commitments’, the State Department said".
"The Obama administration has made a first installment on its $3 billionn pledge to help poor countries fight climate change – defying Republican opposition to the president’s environmental plan.
The $500m payment to the Green Climate Fund was seen as critical to shoring up international confidence in Barack Obama’s ability to deliver on the pledges made at the United Nations’ climate change conference in Paris in late 2015.
Obama is expected to announce a number of joint climate initiatives when Canadian prime minister Justin Trudeau visits Washington this week, sources familiar with the plans said."
Suzanne Goldenberg reports for the Guardian March 7, 2016.
"Obama Administration Pays Out $500 Million To Climate Change Project"
Source: Guardian, 03/08/2016