At the beginning of the 24th Conference of the Parties to the United Nations Framework Convention on Climate Change in Katowice, German Environment Minister Svenja Schulze and German Development Minister Gerd Müller announced that Germany would double its pledge for the Green Climate Fund, committing new funding of 1.5 billion euros. With this pledge, the German government supports the implementation of the Paris Agreement and global cooperation in the effort to tackle climate change.
Development Minister Müller said, "Climate action is vital to the survival of humankind. Katowice must become a turning point. We must implement the targets of the Paris Agreement systematically and on a binding basis, and make additional investments in international climate action. The countries that are hardest hit by the consequences of climate change are the poorest countries – which have the lowest emissions. 100 million people in coastal areas and in regions affected by drought are already at risk of losing their livelihoods through heat and rising sea levels. Germany is leading the way. We are doubling our contribution to the Green Climate Fund and launching the Development and Climate Alliance, an initiative to encourage addi¬tional private investment in climate projects in developing countries and emerging economies."
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