April 27, 2021
Leaders from around the world committed to reducing carbon emissions and transitioning to clean energy at President Biden’s virtual Leaders Summit on Climate.
“We made great progress,” Biden said on April 23, the second day of the summit. “I’m grateful to all the leaders who have announced new commitments to help us meet the existential threat of climate change.”
On the first day of the Leaders Summit on Climate, representatives from the private sector announced large financial commitments. Six banks committed to investing in climate-related efforts, promising a total of $4.16 trillion over the next 10 years toward green initiatives.
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Today, we issued a Client Alert summarizing the White House Climate Change Summit from last week. We are replicating it below for the benefit of our blog readers.
President Biden hosted the Leaders Summit on Climate (Climate Summit) on 22-23 April. The Climate Summit is a next step in the President’s plan to employ a “whole of government” approach to combat climate change. The Climate Summit, which was attended by 40 world leaders, also shows that the United States intends to become a global leader in the fight against climate change, both at home and abroad. During the meeting, the U.S., the other invited governments, and key stakeholders set ambitious goals for investing in climate solutions, supporting innovation, and creating new economic opportunities in climate action.
High hopes and hot air on climate change Good pledges, moral suasion and new impetus for accountabilty have yet to sway the recalcitrant.
World leaders during a climate change virtual summit from the East Room of the White House (Brendan Smialowski/AFP via Getty Images) Published 27 Apr 2021 10:00 0 Comments
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