All articles tagged with #climate aid
Less than 3% of international climate aid supports just transition efforts for workers and communities, highlighting a significant gap in equitable climate action, with calls for increased funding and policy reforms at upcoming UN climate negotiations.
President Biden is set to pledge $500 million over five years to fight deforestation in Brazil, making the US one of the largest donors to the global Amazon Fund. However, the pledge would require approval from Congress, where Republicans are overwhelmingly opposed to international climate assistance. The Amazon Fund was established by Brazil in 2008 and has bankrolled efforts to curb deforestation in the world’s largest rainforest. The US is also expected to call on other countries to contribute to the fund.