• Canada
  • USA
  • Fossil Fuels
  • About
  • Contact
  • Eco-Anxiety
  • Climate Glossary
No Result
View All Result
The Energy Mix
  • Cities & Communities
  • Electric Vehicles
  • Heat & Power
  • Community Climate Finance
Subscribe
The Energy Mix
  • Cities & Communities
  • Electric Vehicles
  • Heat & Power
  • Community Climate Finance
Subscribe
The Energy Mix
No Result
View All Result

U.S. Abandons UN Loss and Damage Fund

March 10, 2025
Reading time: 3 minutes
Full Story: The Associated Press
Primary Author:

World Economic Forum/YouTube

World Economic Forum/YouTube

Formalizing another withdrawal from both climate and foreign aid programs, the Trump administration has told world financial institutions the U.S is pulling out of the landmark international climate Loss and Damage Fund.

Climate analysts Monday were critical of the Treasury Department’s decision to formally abandon the fund designed as compensation for damage by polluting nations to poor countries especially hurt by the extreme storms, heat, and drought caused by the burning of coal, oil, and gas, The Associated Press reports. A Treasury official said in a letter last week that the U. S. board members of the fund were resigning.

“Consistent with President Trump’s Executive Order on Putting America First in International Environmental Agreements, the United States has withdrawn from the Fund for Responding for Loss and Damage,” a Treasury spokesperson said in an email Monday. “We have informed all relevant parties of our decision.”

When the fund was agreed upon during the COP28 climate summit in 2023, then-president Joe Biden pledged that the U.S., the world’s biggest historic carbon dioxide emitter, would contribute $17.5 million.

“It’s a great shame to see the U.S. going back on its promises,” said Mohamed Adow, founder of Power Shift Africa and a veteran of United Nations climate negotiations. “This decision will result in great suffering for some of the poorest and most vulnerable people in the world. These people have contributed the least to the climate emergency they are now living through.”

A dozen countries that have polluted less—Australia, Austria, Denmark, France, Germany, Ireland, Italy, Norway, Spain, Sweden, the United Arab Emirates and the United Kingdom—and the European Union have pledged more than the U.S. The two biggest pledges—$104 million—came from Italy and France. As of January, the Loss and Damage Fund had $741.42 million in pledges, according to the UN.

“The Trump administration’s withdrawal from the Loss and Damage Fund is yet another cruel action that will hurt climate vulnerable lower-income nations the most,” said Rachel Cleetus, policy director of the climate and energy program at the Union of Concerned Scientists. “The richest nation and the world’s biggest contributor to global heat-trapping emissions is choosing to punch down and walk away from its responsibility toward nations that have contributed the least to the climate crisis, and yet are bearing an unjust burden from it.”

Poorer nations, often in the Global South, have long framed the fund as one of environmental justice, AP writes. It was an idea that the U.S. and many rich nations blocked until 2022, when they accepted the creation but insisted it was not reparations.

“Three long decades and we have finally delivered climate justice,” Tuvalu Finance Minister Seve Paeniu said in Dubai, when the UN climate negotiations established the fund. “We have finally responded to the call of hundreds of millions of people across the world to help them address loss and damage.”

In its first 50 days, the Trump administration has eliminated or cut funding for environmental justice domestically, foreign aid, climate change, and diversity, equity and inclusion. The U.S. also started the one-year process to once again pull out of the historic 2015 Paris climate agreement.

Earlier this month, the Trump regime withdrew from the Just Transition Energy Partnerships (JTEP), a climate side deal in which rich nations help smaller, poorer ones fund the switch to cleaner energy.

This Associated Press story was republished by The Canadian Press on March 10, 2025.



in Climate Equity & Justice, Climate Impacts & Adaptation, Community Climate Finance, COP Conferences, Finance & Investment, United States

Trending Stories

ILRI/flickr
Health & Safety

What Climate Change Means for Bird Flu—And the Soaring Price of Eggs

March 10, 2025
355
Antalexion/wikimedia commons
Solar

‘Farming Sunshine’ Brings Food, Power Producers Together for Local Baaa-nefit

March 10, 2025
313
Ian Muttoo/flickr
United States

Ontario Slaps 25% Surcharge on Power Exports as U.S. Commerce Secretary Vows More Tariffs

March 11, 2025
284

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

Get the climate news you need, delivered direct to your inbox. Sign up for our free e-digest.

Subscribe Today

View our latest digests

Related Articles

Belém, Host of the Next UN Climate Talks, is an Amazonian City Plagued With Pollution and Violence

Belém, Host of the Next UN Climate Talks, is an Amazonian City Plagued With Pollution and Violence

March 10, 2025
Most Nations Miss Deadline 2035 Climate Targets. UN Says Take Your Time, Do It Right

Most Nations Miss Deadline 2035 Climate Targets. UN Says Take Your Time, Do It Right

February 11, 2025
China Could Fill the Void as Trump Casts Shadow Over COP29

China Could Fill the Void as Trump Casts Shadow Over COP29

December 25, 2024

Quicker, Smaller, Better: A Fork in the Road That Delivers a Clean Energy Future

by Mitchell Beer
March 9, 2025

…

Follow Us

Copyright 2025 © Energy Mix Productions Inc. All rights reserved.

  • About
  • Contact
  • Privacy Policy and Copyright
  • Cookie Policy

Proudly partnering with…

scf_logo
Climate-and-Capital

No Result
View All Result
  • Cities & Communities
  • Electric Vehicles
  • Heat & Power
  • Community Climate Finance

Copyright 2025 © Smarter Shift Inc. and Energy Mix Productions Inc. All rights reserved.

Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behaviour or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage {vendor_count} vendors Read more about these purposes
View preferences
{title} {title} {title}
No Result
View All Result
  • Cities & Communities
  • Electric Vehicles
  • Heat & Power
  • Community Climate Finance

Copyright 2025 © Smarter Shift Inc. and Energy Mix Productions Inc. All rights reserved.