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President Obama is asking Congress for $500 million to help poor countries fight global warming and adapt to the expected consequences of climate change.
The $500 million requested Monday for a contribution to the United Nations’s Global Climate Fund is the main part of $1.29 billion Obama wants for various international climate efforts.
The United Nations wants to raise $100 billion annually by 2020 and is asking developed countries’ governments to provide the bulk of it.
The Obama administration is arguing that the fund will ultimately help U.S. interests.