Biden Commits $1 Billion to Global Climate Fund

U.S. President Joe Biden speaks during a virtual Major Economies Forum on Energy and Climate (MEF) at the South Court Auditorium at Eisenhower Executive Office Building June 17, 2022, in Washington. President Biden hosted the forum to discuss energy security, global food security and climate crisis. Photo by Alex Wong/Getty Images

U.S. President Joe Biden committed $1 billion to a U.N. global climate fund during remarks at the April 20 Major Economies Forum on Energy and Climate (MEF).

“I’m pleased to announce the United States is going to provide $1 billion to the Green Climate Fund, a fund [that is] critical in ways to help developing nations that can’t do now,” Biden said, speaking just after U.S. climate envoy John Kerry.