Biden vows to double aid for vulnerable nations dealing with climate change

The Washington Post

President Biden announced plans Tuesday to double the funding the United States provides each year to help developing nations cope with the ravages of climate change and build greener economies.

Speaking at the United Nations, Biden framed the move as part of a broader return to multilateralism, saying the world must work together to combat daunting challenges such as the coronavirus pandemic, trade disputes and a rapidly warming planet.

Biden said he intends to work with Congress to boost the U.S. annual contribution to the problem to $11.4 billion, an amount he said is necessary “to support the countries and people that will be hit the hardest and that have the fewest resources to help them adapt.”

…“Climate finance to help the world’s vulnerable people is the elephant in the room heading towards the COP26 climate summit,” Mohamed Adow, director of the African climate and energy think tank Power Shift Africa, said in a statement Tuesday.

“It’s good to see President Biden is upping the amount that the U.S. is contributing, and others should certainly follow suit. However, the U.S. is still woefully short of what it owes.”

Leave a Reply

how can we help you?

Please let us know if you have a question, want to leave a comment, or would like further information about Power Shift Africa.

Upcoming Events
Tweet Feeds

There is need for renewed commitment to enhanced ambition on adaptation;
and this includes upscaling of adaptation funding to put it on equal footing with mitigation @COP26

Australia, one of the dirtiest countries and massive exporter of fossil fuels, has pledged to #NetZeroBy2050. But the plan does not include ending the fossil fuel sector; a decision heavily criticised.

"It is shameful that rich countries are only now – one week before COP26 – trying to explain how they intend to try to make good on a commitment they have known about for 12 years,"
says @JohnNordboCARE of @CAREGlobal

Load More...

Looking for a new think tank providing cutting edge analysis & solution ?