EU chief announces extra $4.7bn in climate funds for Global South and challenges US to 'step up'
CNN
The Biden administration has said it will double the level of climate finance transferred in the Obama administration's second term, but critics say it needs to make up for no finance during the Trump years.
Developed countries agreed more than a decade ago, and reaffirmed in the 2015 Paris Agreement, to transfer $100 billion a year by 2020 to the developing world to aid their green transformations and to adapt to the impacts of climate change.
Collectively, the world missed that deadline last year. The United States has been particularly criticized for transferring nothing during the four years of the Trump administration.
During interviews with the FBI, the suspect arrested in the pipe bomb probe told investigators that he believed the 2020 election was stolen, providing perhaps the first indication of a possible motive for the bombs placed near the DNC and RNC headquarters, people briefed on the matter said.
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