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Massachusetts set to enable citizens to give climate finance to vulnerable nations
(Climate Home News, 22 Jul 2022) The people of Massachusetts will soon be able to directly contribute finance to support some of the world’s most climate vulnerable countries.
A bill expected to be adopted shortly by the state’s legislature will allow its citizens to voluntarily make a donation to the Least Developed Countries (LDC) fund when filing their tax returns.
The fund was established by the UN to help the world’s poorest countries cope with the impacts of climate change. It has financed hundreds of projects worth $1.7bn.
With no opposition to the proposal, the bill would make Massachusetts the only sub-national authority where citizens are able to contribute directly to climate finance.
“This is climate justice on a level that many people haven’t really thought about before,” said Larry Yu, co-chair of the Climate Reality Project Boston Metro chapter, which is supporting the bill.
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