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Home > "The U.S. Has Made Big Promises. Where’s The Money?"

"The U.S. Has Made Big Promises. Where’s The Money?" [1]

"The latest spending bill in Congress contains far less money to help developing countries than President Biden had pledged. That fits a pattern."

"It’s easy making climate promises. It’s harder keeping them.

Take note of the $1.5 trillion spending bill passed by the United States Congress last week. It included $1 billion in climate aid. That’s less than half of what the White House had requested and far short of the $11.4 billion that President Biden promised to deliver each year by 2024.

On Twitter, Rachel Kyte, a veteran climate diplomat and now dean of the Fletcher School at Tufts University, called it “thin climate finance gruel.”"

Somini Sengupta reports for the New York Times March 15, 2022. [2]

SEE ALSO:

"Kerry: Wealthy Nations To Live Up To $100B Climate Change Pledge Next Year" (The Hill) [3]

Climate Change [4]
Environmental Politics [5]
Laws & Regulations [6]
National (U.S.) [7]
Public [8]
Source: NYTimes [2], 03/16/2022
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Source URL:https://www.sej.org/headlines/us-has-made-big-promises-where-s-money

Links
[1] https://www.sej.org/headlines/us-has-made-big-promises-where-s-money [2] https://www.nytimes.com/2022/03/15/climate/united-states-climate-pledges.html [3] https://thehill.com/policy/energy-environment/597729-kerry-rich-nations-100b-pledge-to-help-developing-countries-deal [4] https://www.sej.org/category/topics-beat/climate-change [5] https://www.sej.org/category/topics-beat/environmental-politics [6] https://www.sej.org/category/topics-beat/laws [7] https://www.sej.org/category/region/national [8] https://www.sej.org/taxonomy/term/81