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Biden promises a doubling of the US contribution to climate finance

– We doubled the contribution in April, and now we are doubling it again, he said.

In April, it doubled from $ 2.8 billion to $ 5.7 billion, bringing his new promise to $ 11.4 billion.

“This will make the United States a leader in climate finance,” Biden said, emphasizing that he is working with Congress to achieve the goal.

Biden says the US contribution will help the world achieve the goal of a global climate fund. He asks other countries to commit to greater contributions before this autumn’s climate summit in Glasgow.

Code red

– The UN chief has rightly declared code red for the climate, says Biden.

– To stick to the goal of reducing the temperature rise to 1.5 degrees, everyone must make commitments to the climate summit, said Biden and pointed out that the world is fast approaching the precipice.

He mentioned droughts and floods, and increasingly extreme fires and hurricanes around the world that kill and damage billions.

The world high-income countries decided in the Paris Agreement to establish a global climate fund of 100 billion dollars a year to assist developing countries in the green shift.

However, the rich countries have not delivered on this promise. The UN chief has strongly criticized this ahead of the UN General Assembly this week.

Not seeking Cold War

In his speech, Biden made it clear that the United States is now back at the table in international fora, referring among other things to the Paris Agreement and the World Health Organization.

The United States wants to start a new era of “incessant diplomacy” as a result of the end of the war in Afghanistan, he said, making it clear that the use of weapons must be a last resort.

– We are not looking for a new cold war, or a world divided into blocks. The United States will work with all countries to solve challenges, even though we have major disagreements in other areas, he said, the day after UN Secretary-General António Guterres warned of a new Cold War if the United States and China could not cooperate.

Biden reiterated that the United States is willing to enter into nuclear negotiations with Iran, if the Iranians show willingness to do so, and also said that he believes the best solution to the Israeli-Palestinian conflict is a Palestinian state.

Contribute more to the corona crisis

Biden also said that the United States will contribute more to the global fight against the corona pandemic. The United States has so far contributed $ 15 billion, and he said that the United States has so far sent 160 million vaccine doses to more than 100 countries.

He emphasized that the United States was now embarking on new and more urgent tasks such as the corona crisis following its withdrawal from Afghanistan.

– Today, many of our biggest concerns are something that cannot be solved with weapons. Bombs and bullets can not fight the corona pandemic. We must act now and get syringes in our arms as soon as possible, says Biden.

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