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World leaders pledge to cap global emissions | U.S. Embassy & Consulates in Italy

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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White House Climate Summit and its implications around the globe | Hogan Lovells

To embed, copy and paste the code into your website or blog:
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. ....

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High hopes and hot air on climate change

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
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Amid a very bad week for news about Covid-19, there was a long-awaited ray of hope about climate. Within an hour of US President Joe Biden’s opening to the Virtual Leaders’ Summit on Climate, there was new optimism – but no certainty – that catastrophic global climate change might be averted.
Having already rejoined the Paris Agreement on climate change and issued a sweeping executive order that puts the climate crisis at the centre of US foreign policy and national security, Biden opened by pledging to reduce US emissions 50% from 2 ....

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A green partnership: The Hindu Editorial on U.S.-India climate pact

The U.S.-India climate pact has the potential to aid sustainable post-pandemic development
The U.S.-India Climate and Clean Energy Agenda 2030 Partnership raises expectations that the coming decade will see sustained financial and technological cooperation between the two countries to cut greenhouse gas emissions. At the Leaders Summit on Climate organised by U.S. President Joe Biden, the world’s attention was focused on countries responsible for the highest carbon emissions. India ranks third, behind the U.S. and China, although its per capita CO
2 emissions are less than 60% of the global average, as Prime Minister Narendra Modi pointed out. There is little confidence in a pandemic-stricken world, however, that future growth pathways will be aligned away from fossil fuels. The International Energy Agency, in fact, expects a dramatic rise in emissions as countries race to shake off the impact of the coronavirus, as they did after the 2008 financial crisis. Yet, the year ....

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Welcome US president joining LeadIT climate initiative: PMO

The Prime Minister s Office (PMO) on Saturday welcomed the US decision to join the Indian-Swedish climate initiative, Leadership Group for Industry Transition (LeadIT), and said it will help meet the Paris Agreement goals. ....

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