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Green Climate Fund reaches $10 billion goal

2014-12-10 1 Dailymotion

Environment talks in Lima were given a boost after Australia's surprise contribution into the Green Climate Fund.<br/> <br />Australian Foreign Minister Julie Bishop.<br/> <br />(SOUNDBITE) (English) JULIE BISHOP, AUSTRALIAN FOREIGN MINISTER SAYING:<br/> <br />"Co chairs, I have been asked by the Australian Prime Minister Tony Abbott to announce today at this meeting that Australia will pledge a contribution of two hundred million Australian dollars over four years to the Green Climate Fund."<br/> <br />Leaders from 190 nations are attending the talks to work on a draft to curb greenhouse gas emissions.<br/> <br />Officials said the fund, which helps poor nations cut greenhouse gasses, has now surpassed the $10 billion dollar goal set by the U.N.<br/> <br />Australia had previously been criticised after not having made a donation at a climate meeting last month.<br/> <br />Prime Minister Tony Abbott defended the move when asked if it was another backflip in policy.<br/> <br />(SOUNDBITE) (English) AUSTRALIA PRIME MINISTER TO

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