Biden Commits $1 Billion to Global Climate Fund

U.S. President Joe Biden committed $1 billion to a U.N. global climate fund during remarks at the April 20 Major Economies Forum on Energy and Climate (MEF).
“I’m pleased to announce the United States is going to provide $1 billion to the Green Climate Fund, a fund [that is] critical in ways to help developing nations that can’t do now,” Biden said, speaking just after U.S. climate envoy John Kerry.
Established through a series of U.N. climate conferences, the Green Climate Fund’s governing instrument states that it’s meant to help developing countries “limit or reduce their greenhouse gas emissions” and “adapt to the impacts of climate change.” The Fund has already received $1 billion from the United States….}