Nuran YILDIRIM –TDO- Barack Obama, just three days before he leaves Office, provided $ 500 million financial support to the Green Climate Fund to secure the historic Paris agreement.
The Treaty of Paris, which is the most comprehensive treaty signed on climate, is signed by 175 countries in April.
In general, the Paris agreement aims to limit global warming to 1.5 to 2 degrees by the end of the century.
Established in 2010, The Green Climate Fund is financed by wealthy countries in order to provide financial assistance to underdeveloped and developing countries with adaptation and mitigation. In this context, it plays a significant role as an aspect of the deal.
While Obama considered the deal "excellent", Donald Trump, who claimed climate change was a "deception and a lie," and he has said he would cancel the Paris climate agreement. Moreover, Trump plans to end the financial assistance to the United Nations Climate Change Program and the Green Climate Fund.
On the other hand, Obama's moves can be seen as part of a massive campaign launched in reaction to Trump's rhetoric. Because of this financial aid, it is thought that the Obama administration is trying not to allow Trump's attitude of refusing climate change to dominate the world.