FOR IMMEDIATE RELEASE: December 17, 2009
CONTACT: Josh Dorner, +1 202.679.7570, +45 52 71 98 87
Sierra Club Reacts to Clinton Climate Finance Bombshell in Copenhagen
Copenhagen, Denmark--Secretary of State Hillary Clinton this morning made a major announcement on international climate finance here at the 15th Conference of the Parties of the United Nations Framework Convention on Climate Change, ongoing in Copenhagen. Secretary Clinton announced a proposal for $100 billion in climate financing by 2020, should a global climate deal be reached.
Statement of Carl Pope, Sierra Club Executive Director
"Secretary of State Clinton's announcement of $100 billion in international climate financing by 2020 is truly a bombshell. It mirrors the scale of the proposal by Ethiopia and France and is a very important step toward resolving both the impasse on the finance issue, as well as concluding a final political agreement here in Copenhagen. This funding will help the least developed and most vulnerable countries move toward a clean energy future and adapt to the effects of global warming that are already occurring. This money will help also protect tropical rain forests as well as deal with natural disasters produced by unstable climate.