Article 5PV2C Developing nations welcome US climate finance pledge but warn more is needed

Developing nations welcome US climate finance pledge but warn more is needed

by
Fiona Harvey Environment correspondent
from on (#5PV2C)

Rest of G20 should follow Joe Biden's lead on funding commitments, says climate envoy

Developing countries and campaigners welcomed the offer of increased climate finance from the US president, Joe Biden, at the UN on Tuesday, but warned that rich countries needed to do more to ensure the poorest received the assistance they need.

Biden, speaking to the UN general assembly in New York, said he would ask the US Congress to double to $11bn (8m) a year by 2024 the financial assistance the US offers to developing countries to help them cut greenhouse gas emissions and cope with the impacts of extreme weather.

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