The Latest: 12 projects announced to flight climate change

PARIS — The Latest on the climate summit taking place in Paris (all times local): 4:15 p.m. French President Emmanuel Macron’s office has announced a dozen international projects that will inject hundreds of millions of dollars in efforts to curb climate change.

The plans were presented at a Paris climate summit that Macron convened to counter U.S. President Donald Trump’s rejection of the 2015 Paris climate accord.

Speaking at Paris’ One Planet Summit — two years after the Paris climate accord — a pithy Bloomberg said that Trump’s decision to withdraw from the agreement that was decried by many world leaders has actually spurred thousands to action.

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Angela Charlton and Sylvie Corbet, Associated Press
Published 5:34 a.m. ET Dec. 12, 2017 | Updated 5:57 a.m. ET Dec. 12, 2017CLOSE
Former California governor Arnold Schwarzenegger told reporters in Paris that he would continue to fight climate change, despite Donald Trump pulling the U.S. out of the Paris agreement.

(Photo: Francois Mori, AP)PARIS – More than 50 world leaders are joining bankers, energy magnates and others Tuesday in Paris for a summit that President Emmanuel Macron hopes will give new momentum to the fight against global warming — despite U.S. President Donald Trump’s rejection of the Paris climate accord.Sean Penn, Arnold Schwarzenegger, Bill Gates and Elon Musk are among prominent figures joining the world leaders at the summit, where participants are expected to announce billions of dollars’ worth of projects to help poor countries and industries reduce emissions.Activists kept up pressure with a protest in the shadow of the domed Pantheon monument calling for an end to all investment in oil, gas and resource mining.More: Obama praises mayors as ‘new face’ of leadership on climate change in Trump eraMore: Chicago Climate Charter, explained: What cities say they’ll do to reduce greenhouse gasesThat wasn’t far from the message from top officials opening the summit: They agreed that the global financial system isn’t shifting fast enough away from carbon emissions and toward energy and business projects that don’t aggravate climate change.

Trump has expressed skepticism about global warming and said the Paris accord would hurt U.S. business.The “Make Our Planet Great Again” grants — a nod to Trump’s “Make America Great Again” campaign slogan — are part of Macron’s efforts to counter Trump on the climate change front.

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Media captionMacron: « Extremely aggressive » of the US to leave
French President Emmanuel Macron has said he believes President Donald Trump will bring the US back into the Paris deal on combating climate change.But Mr Macron says he will not agree to the president’s demand that America’s terms should be negotiated.

He made his comments in a CBS interview on the eve of a summit on climate he has arranged on Tuesday in Paris.

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About 50 senior ministers and prime ministers are attending the climate summit in Paris

President Macron aspires to lead the world in fulfilling the ambition of the Paris climate accord to hold global temperature rise to well under 2C .

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Two years after the landmark Paris climate accord, dozens of world leaders and philanthropists are back in the French capital on Tuesday for a summit where they are being urged to put their money where their mouth is – and help poorer countries deal with the impact of climate change.

French President Emmanuel Macron is hosting the « One Planet » summit on the two-year anniversary of the Paris climate accord, which saw nearly 200 governments agree to end their heavy reliance on fossil fuels and limit further global warming.

Yet developing countries say rich nations are falling short of their pledge to provide $100 billion a year by 2020 to help them switch from fossil fuels to greener energy sources and adapt to rising temperatures and increasingly erratic weather.

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Last June, President Trump announced he would withdraw the U.S. from the Paris Agreement climate treaty on greenhouse gases.

December 12 is the second anniversary of the adoption of the Agreement, making this a fitting occasion to restate the obvious: remaining in the treaty endangers the U.S. economy, the Constitution’s treaty process, and the nation’s political independence.

The bad effects stem from the fact that then-President Obama, aware the Senate was unlikely to approve the treaty, bypassed the constitutional ratification process and declared it to be an “executive agreement” instead.

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