Hollande Says Rich Countries Must Pay Up for Climate Technology
- 9 years ago
French President Francois Hollande issued a thinly veiled call to the U.S. to pay its promised share into a United Nations fund for climate projects in developing countries.
“The richest countries must do their part,” Hollande said in Seoul after a round-table discussion on climate at a South Korean University, without specifically referring to the U.S. “Sometimes those who talk the most do the least.”
The U.S. Congress has blocked America’s $3 billion contribution to the UN’s $10 billion Green Climate Fund, while France has paid its $1 billion share. Hollande said financing is key to success at this month’s Cop21 climate conference in Paris because developing countries will only sign up for ambitious carbon-cutting targets if they receive help to shift to cleaner technologies.
“The richest countries must do their part,” Hollande said in Seoul after a round-table discussion on climate at a South Korean University, without specifically referring to the U.S. “Sometimes those who talk the most do the least.”
The U.S. Congress has blocked America’s $3 billion contribution to the UN’s $10 billion Green Climate Fund, while France has paid its $1 billion share. Hollande said financing is key to success at this month’s Cop21 climate conference in Paris because developing countries will only sign up for ambitious carbon-cutting targets if they receive help to shift to cleaner technologies.