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Home > "Congress Offers $1 Billion for Climate Aid, Falling Short of Biden’s Pledge"

"Congress Offers $1 Billion for Climate Aid, Falling Short of Biden’s Pledge" [1]

"Activists called the funding to help developing countries cope with the impacts of climate change “hugely disappointing.”"

"WASHINGTON — Congress has proposed $1 billion to help poor countries cope with climate change, a figure that falls significantly short of President Biden’s promise that the United States will spend $11.4 billion annually by 2024 to ensure developing nations can transition to clean energy and adapt to a warming planet.

The money is part of a sprawling $1.7 trillion government spending package that lawmakers made public early Tuesday and are expected to vote on this week.

Democrats had sought $3.4 billion for various global climate programs but Republicans quashed what they called “radical environmental and climate policies” in the spending bill. The Republicans are poised to assume control of the House in January, further dimming prospects for additional climate funds for at least the next two years."

Lisa Friedman reports for the New York Times December 20, 2022. [2]

Climate Change [3]
Environmental Politics [4]
Laws & Regulations [5]
National (U.S.) [6]
Public [7]
Source: NYTimes [2], 12/21/2022
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Source URL:https://www.sej.org/headlines/congress-offers-1-billion-climate-aid-falling-short-biden-s-pledge

Links
[1] https://www.sej.org/headlines/congress-offers-1-billion-climate-aid-falling-short-biden-s-pledge [2] https://www.nytimes.com/2022/12/20/climate/congress-climate-finance-biden.html [3] https://www.sej.org/category/topics-beat/climate-change [4] https://www.sej.org/category/topics-beat/environmental-politics [5] https://www.sej.org/category/topics-beat/laws [6] https://www.sej.org/category/region/national [7] https://www.sej.org/taxonomy/term/81