
Barack Obama has transferred half a billion dollars to the UN’s Green Climate Fund, just three days before Donald Trump’s inauguration.
The president-elect has promised to stop all payments to UN global warming programmes.
But announcing the grant, John Kirby, the State Department’s spokesman said there was no “nefarious desire or intent” behind the timing, adding that “the investment had long been planned”.
Trump, a long-time climate change denier who once described global warming as a Chinese conspiracy, initially said he planned to withdraw the US from the Paris Agreement, although his stance has since softened.
Investment in the climate fund is a key part of America’s responsibilities under the agreement.
The latest move will go some way to protecting the fund, which was created in 2010 as a way of ensuring that developing nations could adapt to and mitigate the effects of global warming.
More than 100 organisations and nearly 100,000 people had called on Obama to transfer the US’s remaining $2.5bn commitment to the fund. Despite the fact the investment fell short, the move was praised by climate activists.
“The Obama administration is refusing to let president-elect Trump’s posse of oil barons and climate deniers dictate how the world responds to the climate crisis,” said Tamar Lawrence-Samuel, of Corporate Accountability International, which led the campaign.
Source: huffingtonpost.co.uk






Plant for the waste water treatment in the Carlsberg beer factory in Čelarevo opened in 2010 in the presence of the top state officials. This brewery is among the first in Serbia which presented this kind of facility. They wanted to emphasize that they care about the broader community and the environment.
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The OPEC Monthly Oil Market Report covers major issues affecting the world oil market and provides an outlook for crude oil market developments for the coming year. The report provides a detailed analysis of key developments impacting oil market trends in world oil demand, supply as well as the oil market balance. Please find the Report 





The International Energy Agency (IEA) praised France for setting in motion significant reforms towards more secure, affordable and sustainable energy supplies and the green growth of its economy.







