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Fast Money & Foreign Objects
Macron: France will cover US share of funding for UN climate panel
BY REBECCA SAVRANSKY - 11/15/17 03:51 PM EST 371
© Getty Images
French President Emmanuel Macron said Wednesday that France would cover the amount the U.S. contributed for climate science research to a United Nations panel after President Trump signaled America would exit the Paris climate change pact.
“They will not miss a single euro,” Macron said, according to Reuters, referring to the U.N.'s Intergovernmental Panel on Climate Change (IPCC).
The U.S. has given the IPCC about 2 million euros a year in the past.
Trump announced in June he would be withdrawing from the Paris agreement, a pact he denounced as "unfair."
“The bottom line is that the Paris accord is very unfair, at the highest level, to the United States,” Trump said at the time.
The Trump administration filed a formal notice with the U.N. in August that it would be leaving the agreement "as soon as it is eligible to do so." The earliest the U.S. can leave is Nov. 4, 2020.
Trump's decision was met with widespread criticism.
Earlier this month, an official in Macron's cabinet said Trump is "for the time being" not invited to the climate change summit scheduled to be held next month in France.
The summit — scheduled for Dec. 12 — will include more than 100 countries and nongovernmental organizations.
Macron: France will cover US share of funding for UN climate panel
BY REBECCA SAVRANSKY - 11/15/17 03:51 PM EST 371
© Getty Images
French President Emmanuel Macron said Wednesday that France would cover the amount the U.S. contributed for climate science research to a United Nations panel after President Trump signaled America would exit the Paris climate change pact.
“They will not miss a single euro,” Macron said, according to Reuters, referring to the U.N.'s Intergovernmental Panel on Climate Change (IPCC).
The U.S. has given the IPCC about 2 million euros a year in the past.
Trump announced in June he would be withdrawing from the Paris agreement, a pact he denounced as "unfair."
“The bottom line is that the Paris accord is very unfair, at the highest level, to the United States,” Trump said at the time.
The Trump administration filed a formal notice with the U.N. in August that it would be leaving the agreement "as soon as it is eligible to do so." The earliest the U.S. can leave is Nov. 4, 2020.
Trump's decision was met with widespread criticism.
Earlier this month, an official in Macron's cabinet said Trump is "for the time being" not invited to the climate change summit scheduled to be held next month in France.
The summit — scheduled for Dec. 12 — will include more than 100 countries and nongovernmental organizations.
Macron: France will cover US share of funding for UN climate panel
So first they claimed it was impossible to make the agreement fair(er) for Americans, and now France is saying they will cover our financial burden no problem? I'm gonna have to look into this...
if any HL brehs are especially knowledgeable on the agreement a breakdown would be great.
