tldrdailynews.com logo

Biden's Climate Commitments: $1B to International Fund, UN's Green Climate Fund, and Amazon Deforestation Fight.

1 min read
Source: POLITICO
Biden's Climate Commitments: $1B to International Fund, UN's Green Climate Fund, and Amazon Deforestation Fight.
Photo: POLITICO
TL;DR

President Joe Biden pledged $1 billion to the Green Climate Fund, bringing the US contribution to $2 billion, still short of Obama's initial $3 billion promise. Biden also announced a new "Methane Finance Sprint" to raise at least $200 million and requested $500 million over five years from Congress for the Amazon Fund. Biden aims to deliver $11 billion in climate finance annually by 2024 and reshape multilateral development banks to fight climate change.

Topics:worldclimate-change#biden#climate-change#climate-finance#developing-nations#green-climate-fund#methane-emissions
Share this article
  1. Biden commits $1B to international climate fund  POLITICO
  2. WATCH: Biden gives remarks on climate change during Major Economies Forum  PBS NewsHour
  3. Biden pledges $1B more in US funding for UN's Green Climate Fund  Fox News
  4. President Biden Delivers Remarks at the 2023 Major Economies Forum on Energy and Climate  The White House
  5. Biden pledges $500 million to fight Amazon deforestation, but Congress must approve  CNBC

Want the full story? Read the original reporting

Read on POLITICO