The article states that counties "voluntarily pledged $10.3 billion since 2013" - the US pledged $3 billion....
New article: https://www.nytimes.com/2017/05/31/c...te-accord.html
Dated May 31, 2017
What does the Paris climate deal actually do?
Under the Paris agreement, every country submitted an individual plan to tackle its greenhouse gas emissions and then agreed to meet regularly to review their progress and prod one another to ratchet up their efforts as the years went by.
Unlike its predecessor treaty, the Kyoto Protocol, the Paris deal was intended to be nonbinding, so that countries could tailor their climate plans to their domestic situations and alter them as circumstances changed. There are no penalties for falling short of declared targets. The hope was that, through peer pressure and diplomacy, these policies would be strengthened over time.
Under the deal, the Obama administration pledged to cut domestic greenhouse gas emissions 26 to 28 percent below 2005 levels by 2025 as well as to commit up to $3 billion in aid for poorer countries by 2020. (The United States has delivered $1 billion to date.)
Seems that our commitment was issued under as part of our response to the accord. It wasnt required, it was voluntary. It was also 2 times more than Japan. Also it was $3billion more than China, Russia and India have donated to date.
Gotta love these non-binding agreements.
New article: https://www.nytimes.com/2017/05/31/c...te-accord.html
Dated May 31, 2017
What does the Paris climate deal actually do?
Under the Paris agreement, every country submitted an individual plan to tackle its greenhouse gas emissions and then agreed to meet regularly to review their progress and prod one another to ratchet up their efforts as the years went by.
Unlike its predecessor treaty, the Kyoto Protocol, the Paris deal was intended to be nonbinding, so that countries could tailor their climate plans to their domestic situations and alter them as circumstances changed. There are no penalties for falling short of declared targets. The hope was that, through peer pressure and diplomacy, these policies would be strengthened over time.
Under the deal, the Obama administration pledged to cut domestic greenhouse gas emissions 26 to 28 percent below 2005 levels by 2025 as well as to commit up to $3 billion in aid for poorer countries by 2020. (The United States has delivered $1 billion to date.)
Seems that our commitment was issued under as part of our response to the accord. It wasnt required, it was voluntary. It was also 2 times more than Japan. Also it was $3billion more than China, Russia and India have donated to date.
Gotta love these non-binding agreements.
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