US Exits Green Climate Fund: Trump Admin Cites 'Radical' Goals

World
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News18•08-01-2026, 21:51
US Exits Green Climate Fund: Trump Admin Cites 'Radical' Goals
- •US Department of the Treasury announced immediate withdrawal from the Green Climate Fund (GCF).
- •Treasury Secretary Scott Bessent stated GCF goals run contrary to affordable energy and economic growth.
- •Withdrawal aligns with Trump Administration's decision to exit UN Framework Convention on Climate Change (UNFCCC).
- •Decision is part of a broader plan to withdraw from 66 UN and international organizations.
- •Trump cited organizations being "contrary to the interests of the United States" for the withdrawals.
Why It Matters: Trump administration pulls US from Green Climate Fund, citing national interests and energy priorities.
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