How much amount of commitment has been pledged by India and the United States annually for developing countries, raised from public and private sector sources, to tackle climate change?

• A. $200 billion
• B. $100 billion
• C. $100 billion
• D. $100 billion

Answer: (C)

Finance Minister Nirmala Sitharaman and her American counterpart, Treasury Secretary Janet Yellen, participated in the 8th U.S.-India Economic and Financial Partnership. During the meeting, the two countries reaffirmed their commitment to raise $100 billion annually for developing countries from public and private sector sources, to tackle climate change.