Obama transfers $500 million to Green Climate Fund
Outgoing US President Barack Obama on Tuesday transferred a second $500 million (around ₹3,400 crore) installment to the Green Climate Fund just three days before he is set to leave the White House. The transfer is part of $3 billion (around ₹20,400 crore) pledged by Obama in 2014. US President-elect Trump has promised to cancel future payments to the fund.