Will China Take Advantage of Trump's Climate Cuts?

In November of last year, at the annual COP climate conference, global leaders agreed that in order to advance progress toward climate goals, developed countries would need to collectively provide a minimum of $300 billion in climate finance to the world’s poorest countries by the year 2035. Accordingly, at the end of Joe Biden’s presidential term, he announced a record $11 billion climate finance provision.

  Now, President Donald Trump has slashed climate finance down to nothing, in a move that will have far-reaching consequences…