President Joe Biden is pledging $1 billion in taxpayer money to a United Nations climate fund that funnels millions of dollars to China, the world's largest emitter of carbon and second-largest economy.
Biden during a Thursday morning speech announced the contribution to the United Nations' Green Climate Fund, saying the money will support "developing countries in taking stronger climate action." Because the United Nations still classifies China, despite its massive economy, as a developing country, the communist nation receives significant Green Climate Fund money. The fund in November 2019 pledged $100 million to create a "Green Development Fund" in Shandong, China's second most populated province. The Green Climate Fund disbursed $28 million to its Chinese partner in September 2022, and tens of millions of dollars are still poised to go out to the project, which will remain active through April 2042.
[Source.](https://freebeacon.com/biden-administration/biden-pledges-1-billion-to-un-climate-fund-that-funnels-millions-to-china/)
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President Joe Biden is pledging $1 billion in taxpayer money to a United Nations climate fund that funnels millions of dollars to China, the world's largest emitter of carbon and second-largest economy.
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Biden during a Thursday morning speech announced the contribution to the United Nations' Green Climate Fund, saying the money will support "developing countries in taking stronger climate action." Because the United Nations still classifies China, despite its massive economy, as a developing country, the communist nation receives significant Green Climate Fund money. The fund in November 2019 pledged $100 million to create a "Green Development Fund" in Shandong, China's second most populated province. The Green Climate Fund disbursed $28 million to its Chinese partner in September 2022, and tens of millions of dollars are still poised to go out to the project, which will remain active through April 2042.
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