Center for Clean Air Policy President Ned Helme Comments on President Obama’s Expected Request for Green Climate Fund Appropriations

11.14.14

FOR IMMEDIATE RELEASE

Center for Clean Air Policy President Ned Helme Comments on President Obama’s Expected Request for Green Climate Fund Appropriations

WASHINGTON, D.C., November 14, 2014 – Ned Helme, founder and president of the Center for Clean Air Policy, made the following statement about President Obama’s expected request to Congress for funding for the Green Climate Fund:

“According to media reports, President Obama will soon ask Congress to appropriate $3 billion for the Green Climate Fund to help fight global warming. We congratulate the president for making such a request. The Green Climate Fund is a major international endeavor that will create sustainable businesses in developing countries that will reduce greenhouse gas emissions and also enhance development. The Fund now stands to reach its goal of $10 billion thanks to this request and other commitments expected shortly.

”The question is no longer whether global warming is a problem. It is. The question is now how much will the U.S. government contribute to reducing carbon emissions. The president has given the answer — $3 billion. Congress should agree to the president’s request. This in many ways builds on the $2 billion that the George W. Bush administration requested and received for a precursor to this climate-investment fund.”

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About CCAP:

Since 1985, the Center for Clean Air Policy (CCAP) has been a recognized world leader in climate and air quality policy and is the only independent, nonprofit think tank working exclusively on those issues at the local, U.S. national and international levels. Headquartered in Washington, D.C., CCAP helps policymakers around the world develop, promote and implement innovative, market-based solutions to major climate, air quality and energy problems that balance both environmental and economic interests.

For more information, please contact:

Katy Robertson, BGR Public Relations, krobertson@bgrpr.com, 202-661-6356