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By Devin Henry, Dec 16, 2015 The Hill
The bill, greens and Democrats say, doesn’t explicitly appropriate funding for President Obama’s pledged contribution to the Green Climate Fund (GCF). But since the legislation doesn’t formally block money for the GCF either, Obama is expected to be able to use current discretionary funding streams to send American money to it.
“Based on what we have reviewed so far, there are no restrictions on our ability to make good on the president’s pledge to contribute to the Green Climate Fund,” White House press secretary Josh Earnest said on Wednesday.
The GFC is a pot of public and private money designed to help poorer nations prepare for climate change. Obama pledged last year to spend $3 billion on the fund by 2020, and he asked Congress to appropriate up to $500 million for it in 2016.
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