The US will announce a $3 billion contribution to the Green Climate Fund (GCF), sources with knowledge of the matter said today.

The fund, created in 2010, is the largest international fund for climate change action and has accumulated capital commitments of more than $20 billion. This latest commitment will be in addition to the $2 billion already given by the US to the fund.

The relevant announcement will be made later today by US Vice President Kamala Harris at the UN Climate Conference in Dubai.

COP28: About 20 countries call for tripling the world’s nuclear power generation capacity by 2050

At the same time, around 20 countries, including the US, France and the United Arab Emirates, called today in a joint declaration at COP28 to triple the world’s nuclear power generation capacity by 2050, compared to 2020, in order to reduce dependence on coal and gas, the big stake of this COP.

The announcement was made by John Kerry, the US Climate Envoy to Dubai, along with several other leaders, including French President Emmanuel Macron and Belgian Prime Minister Alexandre de Croix.

However, China and Russia, major builders of nuclear power plants in the world today, are not among the signatories.

These include, however, Bulgaria, Canada, Finland, Ghana, Hungary, Japan, South Korea, Moldova, Mongolia, Morocco, the Netherlands, Poland, Romania, Slovakia, Slovenia, Sweden, Ukraine, the Czech Republic and the United Kingdom.

“The declaration recognizes the key role of nuclear energy to achieve carbon neutrality by 2050 and to remain within reach of the 1.5 degree Celsius target,” according to the text.

“We know from the science, the reality of the facts and the evidence that we cannot achieve carbon neutrality by 2050 without nuclear power,” John Kerry said at the UN Climate Conference (COP28) in Dubai.