Donald Trump's decision to leave Paris agreement hurts the US and the world

Get Free Stock Market Tips and more click here to SUBSCRIBE OFFERS << https://www.facebook.com/ripplesadvisorypvtltd  >>

The whole of the Paris Agreement is based upon goodwill: There are no punitive actions or means to enforce the agreement. The goodwill also includes the Green Climate Fund for transferring money from rich countries to developing countries for building resilience, mitigating and adapting to the effects of climate change. The US has pledged US$3 billion and has delivered $1 billion but seems unlikely to add to that. That alone undermines a lot of the good will. And it will be a major sore point in all small island states and developing countries, who have not caused the problem of global warming.