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u.s. will increase funding to help developing nations confront it. and now there is a major commitment from one of the world s biggest polluters. cnn s newly minted beijing chief steven zhang live in beijing for us this morning. congratulations, i haven t seen you since the news. talk us through this. how big a deal is this? i think in all, as they say with fancy title comes great responsibility. speaking of which, one responsibility for world leaders is tackling climate change. xi jinping in one announcement said china will stop funding overseas coal projects. this is encouraging because before this announcement, china was the only major funder of such projects left. and with this new policy could potentially shutter dozens of planned coal projects in 20 developing countries around the world. and that s something a lot of people have been waiting for a long time. but the devil is always in the details, and details are lacking here because we don t know when this new policy will kick

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