Monday, November 17, 2014

Canada Breaks With Australia to Contribute to Green Climate Fund

Last year Tony Abbott and Stephen Harper had jointly dissented from support for the Green Climate Fund. (Credit: Chris Hyde/Getty Images) Click to Enlarge.
Canada – one of the few countries previously in line with Australia's opposition to the international Green Climate Fund – now appears to have changed its mind, with Tony Abbott’s close friend prime minister Stephen Harper saying he is preparing to make a contribution.

Abbott has defied global pressure to commit to the fund, designed to help poor countries adapt to climate change, because Australia is already spending $2.5bn on its domestic Direct Action fund and providing $10bn in capital to a so-called "green bank" – which he is trying to abolish.

Read More at Canada Breaks With Australia to Contribute to Green Climate Fund

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