Biden's Global Climate Finance Pledge Likened to 'Throwing Droplets at a Fire'

President Joe Biden announced Tuesday that he intends to work with Congress to double U.S. climate aid to developing countries, a commitment that environmentalists said is a step in the right direction but still woefully inadequate to the scale of the planetary crisis. 'Biden's climate finance pledge today is extraordinarily insufficient.' Biden's pledge came during his address to the United Nations General Assembly in New York, where the U.S.

4 billion annually by 2024, up from the administration's previous meager commitment of $5.7 billion. 'Biden's international climate finance announcement might seem ambitious given the paralyzing politics in Washington and a Congress still awash in fossil fuel money,' said Orenstein. 'However, the climate pollution the U.S. has produced is already causing suffering around the world.

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