Australia will stop contributions to the UN’s major fund for battling climate change this year, according to government budget papers released on Tuesday.
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| Despite broad public concern about rising drought and bushfire risk, Australia's government has failed to bring emissions down. |
With a federal election looming, the government followed up on prime minister Scott Morrison’s threat not to “tip money into that big climate fund”.
Since 2015, Australia has given $187m to the fund, which finances projects in the developing world that cut emissions or promote resilience to climate impacts. The budget document said Australia made its “final” contribution of $19.2m in December.
Read the story from Climate Home News by Karl Mathiesen - “Australia stops payments to Green Climate Fund.”
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