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United States quits board of UN climate damage fund, letter shows

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The United States has withdrawn from the board of the U.N. climate damage fund, as confirmed by a letter dated March 7, 2025, from the U.S. Treasury Department to the U.N. Framework Convention on Climate Change (UNFCCC). This decision was made despite the U.S. being one of the largest historical emitters of greenhouse gases. The move has raised concerns about the U.S. commitment to climate finance, especially as the fund aims to help developing countries cope with the irreversible impacts of climate change. The U.S. withdrawal could potentially affect the fund's operations and its ability to mobilize resources effectively. The letter did not specify reasons for the withdrawal but comes at a time when global efforts to address climate change are intensifying.

Read the Full Reuters Article at:
[ https://www.reuters.com/world/us/united-states-quits-board-un-climate-damage-fund-letter-shows-2025-03-07/ ]