Australian taxpayers have been asked to hand over a additional $400-million to replenish a Green Climate Fund to help developing countries cope with the impacts of climate change.
The request comes after Malcolm Turnbull already committed $1-billion of Australia’s money to the U.N. fund.
According to The Australian, “This could increase to billions of dollars each year as the nation’s ‘fair share’ contribution to a promised $US100 billion ($AU137 billion) a year in global climate finance that was considered crucial to delivering the Paris Agreement.
“A new funding template published by World Resources Institute said Australia should be the sixth biggest donor to the GCF despite being responsible for only 1.8 per cent of global greenhouse gas emissions.”
WATCH:
TONIGHT on #PMLIVE: Australia has been called to contribute an extra $400 million to a Climate Fund on top of the $1 billion already promised.
'We have plenty of problems here which $400 million could be helping.'
MORE: https://t.co/ykweMevBOK LIVE NOW ON ch103 & 600 pic.twitter.com/WnjaGZc46a
— Sky News Australia (@SkyNewsAust) September 27, 2018
Australia has been called to contribute an extra $400 million to a Green Climate Fund on top of the $1 billion already committed.
Bronwyn Bishop: We should get back the money we've already paid and use it to spend in our own region.
MORE: https://t.co/ykweMevBOK #pmlive pic.twitter.com/00xPva0FXn
— Sky News Australia (@SkyNewsAust) September 27, 2018
