Colombia Races for US Climate Funds Amid Potential Shift to China

Reported 2 days ago

Colombia is urgently seeking a deal with the US to access funding for a $40 billion climate investment plan before Donald Trump assumes office, with China as a potential backup if talks fail. Colombian climate minister Susana Muhamad plans to visit Washington soon to secure funding, aiming to transition the economy from fossil fuels to green investments. With Colombian elections approaching in 2026, the urgency is heightened as the nation seeks to replace declining fossil fuel revenues after halting new oil and gas exploration two years ago.

Source: YAHOO

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