Former US president Donald Trump has said his administration opted out of the landmark Paris Climate Accord in 2017 as it was a "rip-off" which would have cost Washington USD 1 trillion, as he claimed that India, China and Russia weren’t paying for it. Calling it a "rip-off", he said that China, India and Russia weren’t paying. Contrary to what Trump said, the US has never paid USD 1 trillion in international climate finance, according to the report. The US paid nothing to the global finance goal after Trump pulled the country out of the Paris accord. Trump, a known climate change sceptic, has continuously argued that countries like China and India are benefiting the most from the Paris Agreement.

Source: The Telegraph June 28, 2024 07:18 UTC