Opinion | Can Biden steer the US along the critical path to climate action?
- The strategy behind the US president’s global climate summit is clearly to regain the moral high ground Donald Trump ceded
- However, the US’ climate funding commitment to the rest of the world is minimal, on many levels
Significantly, Pope Francis was also invited, adding a moral tone to the meeting.
In his opening remarks, Biden spoke about climate change not just as an existential threat, but also as an opportunity to create jobs and get the economy going, through clean investments. He urged global leaders to take concrete action to keep an increase in the Earth’s temperature to not more than 1.5 degrees Celsius.
To demonstrate US leadership, he committed America to taking two significant steps. The first is a pledge to cut US greenhouse gas emissions at least in half by 2030, based on 2005 levels. The second is to double the US’ annual public climate finance to developing countries by 2024.
How significant is this global climate summit? Optically, this could be the Green New Deal of the century. Practically, it’s all about delivery – whether the US can lead the world out of global warming in action and not just words. But the US would also have to put its own house in order, in terms of the economy and social inequality.