COP27: Biden unveils $150 million plan to help Africa adapt to climate change
U.S. President Joe Biden has announced at the COP27 climate summit in Egypt on Friday a $150 million plan to help countries across Africa adapt to the climate emergency.
Biden also pledged that the U.S. will meet its emissions target by 2030, saying the country was putting its money where its mouth is. The climate emergency is about human security and economic security, he added, as he highlighted historic drought, wild fires, devastating storms, food insecurity and flooding, leaving people homeless.
The United States was meeting the challenges with urgency, Biden noted, and hailed the Inflation Reduction Act, which supports cleaner electricity and “climate-smart” agriculture.
His administration is ramping up efforts to lower methane emissions, targeting the oil and gas industry.
In a joint announcement with the European Union, Biden announced a crackdown on emissions of methane — a greenhouse gas more damaging than even carbon dioxide.
The U.S. president’s speech at COP27, where more than 28,000 delegates have gathered, will remind countries to stay focused on limiting global warming to 1.5C.