China, US unveil separate big steps to fight climate change The Associated Press


Source: businessmirror.com.ph businessmirror.com.ph

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The two biggest economies and largest carbon polluters in the world announced separate financial attacks on climate change Tuesday. Chinese President Xi Jinping said his country will no longer fund coal-fired power plants abroad, surprising the world on climate for the second straight year at the UN General Assembly. That came hours after US President Joe Biden announced a plan to double financial aid to poorer nations to $11.4 billion by 2024 so those countries could switch to cleaner energy and cope with global warming’s worsening impacts. That puts rich nations close to within reach of a long-promised but not...