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For Immediate Release

Contact

Kaela Bamberger, 202-222-0703, kbamberger@foe.org

Press Release

Friends of the Earth Urges Biden to Contribute US' Fair Share of Climate Finance to Developing Countries

Biden promised to double the country’s contribution of climate finance at today’s UN General Assembly.
WASHINGTON -

At the UN General Assembly today, President Biden announced, among other Administration priorities, that the White House will work with Congress to double the provision of climate finance from the U.S. for developing countries. 

In response, Karen Orenstein, Director of the Climate & Energy Justice Program at Friends of the Earth U.S. issued the following statement:

We are in a climate emergency and the U.S. is throwing droplets at a fire. President Biden’s international climate finance announcement might seem ambitious given the paralyzing politics in Washington and a Congress still awash in fossil fuel money. However, the climate pollution the U.S. has produced is already causing suffering around the world. President Biden’s climate finance pledge today is extraordinarily insufficient compared to the need and out of line with what climate science and justice demand.

Along with other groups, Friends of the Earth U.S. has called for the U.S. to contribute at least $800 billion in international climate finance between 2021-2030, equally split among finance for mitigation, adaptation, and the loss and damage caused by irreversible climate change as a good faith down payment toward the U.S. fair share of international climate finance.

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Friends of the Earth fights for a more healthy and just world. Together we speak truth to power and expose those who endanger the health of people and the planet for corporate profit. We organize to build long-term political power and campaign to change the rules of our economic and political systems that create injustice and destroy nature.

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