Biden pledges to double U.S. climate change aid

U.S. President Joe Biden told the United Nations General Assembly that he would work with Congress to double funds by 2024 to $11.4 billion per year to help developing nations deal with climate change.

The funding would help achieve a global goal set more than a decade ago of $100 billion per year to support climate action in vulnerable countries by 2020.

Developing countries have been urging industrialized nations to offer financial assistance to help them both rapidly adopt clean energy technologies enabling them to avoid the use of fossil fuels and bolster their defenses against the impacts of climate change from sea level rise to extreme heat.

Credit: Reuters

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