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US should step up climate finance abroad where damage most acute, advocates say
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US President Joe Biden announced a US$100 million contribution to aid developing countries cope with climate change, but some activists say the US needs to do more.
PHOTO: REUTERS
WASHINGTON – Speaking at the COP27 climate conference during his three-hour pit stop in Sharm El-Sheikh in Egypt, United States President Joe Biden had plenty of optimism and commitment to share – on the US domestic front.
Highlights include doubling the US contribution to the international Adaptation Fund – which helps developing countries to adapt to the fallout from climate change – to US$100 million (S$137 million).
