Top Posts
German court dismisses climate case against RWE
WHO Climate Change action plan approved
Report: World likely to breach 1.5°C limit in...
At Bonn climate talks, Brazil demands early deals...
Researchers warn Africa could face 113 million climate...
LAPO MfB launches tree-planting initiative to fight climate...
Stiell says new NDCs are about growth, antidote...
EU trains 5,000 Imo farmers to combat climate...
Jigawa holds first summit on agriculture, climate change
NEST, experts demand subnational action to address climate...
EcoNai Newsroom
  • Newsround
  • Nigeria
  • Africa
  • World
World

US govt pledges $1 billion to Green Climate Fund

by Matthew Eloyi April 20, 2023
written by Matthew Eloyi April 20, 2023
509

For the first time in six years, the US has pledged to contribute $1 billion to the UN’s flagship climate fund.

President Joe Biden made the pledge on Thursday while presiding over a virtual summit of world leaders to encourage high-level leadership to keep global warming to 1.5C.

The move was part of a broader call to action to the Major Economies Forum on Energy and Climate, a group of more than 20 high-emitting industrialized and developing countries that account for over 80% of the world’s greenhouse gas emissions.

Read Also: Biden to announce funds to tackle climate change

For the Amazon Fund to stop deforestation by 2030, Biden said he would ask Congress for an additional $500 million over five years.

He also promised to raise $200 million from public, private, and philanthropic sources to reduce methane emissions in underdeveloped nations and urged countries to expand carbon capture and removal technologies.

The US president urged world leaders to sign on to a collective commitment that by 2030, at least 30% of medium- and heavy-duty cars sold worldwide will be zero-emission vehicles.

Story was adapted from Climate Home News

Green Climate FundJoe Biden
0 comment 0 FacebookTwitterPinterestEmail
admineconai

previous post
Use energy productively, REA urges Nigerians
next post
NIWA begins opening of blocked water channels to prevent flood

Related Posts

German court dismisses climate case against RWE

May 28, 2025

WHO Climate Change action plan approved

May 28, 2025

Report: World likely to breach 1.5°C limit in...

May 28, 2025

At Bonn climate talks, Brazil demands early deals...

May 23, 2025

Guterres raises alarm over rapid Himalayan glacier melt

May 17, 2025

Study shows two-thirds of global warming caused by...

May 8, 2025

Weather expert warns climate change to hit agriculture...

May 5, 2025

Trump dismisses authors of major climate report

April 30, 2025

New UN report shows Indigenous Peoples sidelined in...

April 25, 2025

UN Report shows Climate crisis driving surge in...

April 24, 2025

Leave a Comment Cancel Reply

Save my name, email, and website in this browser for the next time I comment.

Newsletter

Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!

  • Facebook
  • Twitter
  • Instagram
  • Linkedin
  • Bloglovin
  • Vimeo

@2021 - All Right Reserved. Designed and Developed by Eco-Nai+

EcoNai Newsroom
  • Newsround
  • Nigeria
  • Africa
  • World