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posted: 10/25/2019 7:00 AM

Pledges for global climate fund reach about $11 billion

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  • Climate change activists gather for a march and rally with Swedish climate activist Greta Thunberg at the Alberta Legislature Building in Edmonton, Alberta, on Friday, Oct. 18, 2019. (Dave Chidley/The Canadian Press via AP)

    Climate change activists gather for a march and rally with Swedish climate activist Greta Thunberg at the Alberta Legislature Building in Edmonton, Alberta, on Friday, Oct. 18, 2019. (Dave Chidley/The Canadian Press via AP)
    Associated Press

  • Extinction Rebellion activists Ursula Pethick, aged 83, John Lynes, 91, and John Halladay, 61, leave court where they were bailed to attend trial at a leter date charged in connection with an environmental protest, in Folkestone, England, Wednesday Oct. 23, 2019.  The protesters were detained by police during a demonstration by climate change pressure group Extinction Rebellion, blockading a major roadway near the Port of Dover, southern England. All three protesters pleaded not guilty to the charges. (Kirsty O'Connor/PA via AP)

    Extinction Rebellion activists Ursula Pethick, aged 83, John Lynes, 91, and John Halladay, 61, leave court where they were bailed to attend trial at a leter date charged in connection with an environmental protest, in Folkestone, England, Wednesday Oct. 23, 2019. The protesters were detained by police during a demonstration by climate change pressure group Extinction Rebellion, blockading a major roadway near the Port of Dover, southern England. All three protesters pleaded not guilty to the charges. (Kirsty O'Connor/PA via AP)
    Associated Press

 
 

PARIS -- France's finance minister says pledges to replenish an international fund meant to help poor nations tackle climate change will reach nearly 10 billion euros ($11 billion).

Finance Minister Bruno Le Maire, speaking at a conference in Paris set to replenish the Green Climate Fund, said "it's a great success."

He added "this is a European success," noting that almost half of the amount is provided by France, Germany and Britain alone.

U.S. President Donald Trump's decision to withhold $2 billion of the $3 billion pledged by his predecessor, Barack Obama, has contributed to a shortfall at the fund that other countries have struggled to fill.

The meeting takes place a little over a month before the U.N.'s annual climate conference, which will be held in Santiago, Chile, this year.