World

Paris summit seeks more funding for climate change fight

French President Emmanuel Macron gathered business leaders and 50 world leaders in Paris for a summit Tuesday focused on boosting funding to fight climate change.

According to agency report, the summit comes two years after nearly 200 nations agreed to the Paris climate accord, which calls for nations to limit greenhouse gas emissions and for rich countries to help developing countries deal with the impacts of climate change.

U.S. President Donald Trump was not among those invited to take part in the conference. Last year, Trump announced was pulling out of the accord saying it “disadvantages the United States to the exclusive benefit of other countries.”

While the U.S. federal government stepped back from the global effort, many of the country’s states and some cities have pledged to move forward with steps consistent with the agreement.

“We have 38 states that have renewable portfolio standard laws,” said former Secretary of State John Kerry, who is attending the summit.

“We have 90 cities, the major cities in America, their mayors all committed to meeting Paris. So 80 percent of the population of American is in those 38 states that are committed, and we are going to stay on track.”

The European Union announced a new investment plan aimed at supporting renewable energy production, climate-friendly transportation, sustainable water and sanitation systems, as well as growth in sustainable agriculture.

Bonny Amadi with Agency Report

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