BabyBoomer50s
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SHARM EL SHEIKH, Egypt—The West’s diplomatic push at the United Nations climate summit faces a major obstacle: the long-running struggle inside the U.S. to deliver funds for the developing world’s response to global warming.
The U.S. has lagged behind other wealthy countries in providing funds for poorer countries to cut emissions and adapt to the effects of climate change. The Trump administration sharply cut climate finance in its budgets. The Biden administration has promised to boost climate finance to $11.4 billion annually, but its request in last year’s budget was cut from $2.7 billion to $1 billion during Senate negotiations amid Republican opposition.
https://www.wsj.com/articles/u-s-cl...ntries-emissions-11668854166?mod=hp_lead_pos6
The U.S. has lagged behind other wealthy countries in providing funds for poorer countries to cut emissions and adapt to the effects of climate change. The Trump administration sharply cut climate finance in its budgets. The Biden administration has promised to boost climate finance to $11.4 billion annually, but its request in last year’s budget was cut from $2.7 billion to $1 billion during Senate negotiations amid Republican opposition.
https://www.wsj.com/articles/u-s-cl...ntries-emissions-11668854166?mod=hp_lead_pos6