Former US President Donald Trump came out yesterday to defend the administration's move in 2017 to withdraw from the Paris Climate Accord, labeling the deal as worthless and ripping them off with a bill amounting to $1 trillion on Washington. In a scathing attack during a charged debate with Democratic rival President Joe Biden, Trump said it was a pact under which the US alone would have to bear the financial burden, when other countries including its competitors like China and India and even Russia are not contributing properly.
Trump has withdrawn from the 2015 Paris climate agreement because he believed it was not term-friendly for American workers. This move would have aimed to keep global temperature increase 'well below 2 degrees Celsius' while developed nations—of which the US was one—committed that by 2020 they would provide a total of $100 billion for helping mostly Global South developing countries to mitigate rising sea levels, increasing heat, and other impacts.
While Trump claimed this, a report from CNN indicated that the developed countries indeed hit their financial commitment target in 2022 but belatedly. More importantly, it was USD 850 billion, significantly short of USD 1 trillion Trump had claimed. The US stopped contributing to global climate finance goals after it pulled out of Paris accord. President Biden promised USD 11.4 billion every year as America's contribution, which never reached the mark, according to the report.
The sceptic towards climate change, Trump had always said that countries like China and India were big gainers from the Paris deal. Public Distribution Version We dump; China leading global carbon emissions, followed by the US, India, and the EU as Trump Continues to Censure Deal for its Inequities.
