Americans Spent $7.45B in 3 Years Helping Other Countries Deal With ‘Climate Change’ January 3, 2014 - 5:16 AM By Patrick Goodenough
(CNSNews.com) – American taxpayers spent $7.45 billion to help developing countries cope with climate change in fiscal years 2010 through 2012, according to a federal government report submitted to the United Nations on a subject that Secretary of State John Kerry described as “a truly life-and-death challenge.”
That sum of $7.45 billion, which reached more than 120 countries through bilateral and multilateral channels, met President Obama’s “commitment to provide our fair share” of a collective pledge by developed nations to provide a total of nearly $30 billion in “fast start finance” (FSF), the report stated. .... .... .... It noted that since the U.S. ratified the convention in 1992, its international climate funding had increased from “virtually zero” to an average of $2.5 billion each year in the 2010-2012 FSF period. .... .... ....