Biden To Announce "Good News" On $100 Billion UN Climate Fund
NDTV
Biden, who will make his first speech to the world body as the American leader on Tuesday, was represented by his climate envoy John Kerry at the meeting convened by Britain and UN chief Antonio Guterres.
US President Joe Biden is expected to announce "good news" on addressing a shortfall in a $100 billion global climate fund, a UN official said Monday following a closed-door meeting between countries on the sidelines of the general assembly.
Biden, who will make his first speech to the world body as the American leader on Tuesday, was represented by his climate envoy John Kerry at the meeting convened by Britain and UN chief Antonio Guterres.
Ahead of the Paris agreement, developed countries pledged to mobilize $100 billion a year from 2020 to support poorer nations with climate adaptation, but there is currently around a $20 billion shortfall.
"We did hear from the US representative in the room that... some good news was imminent," the UN official said, adding there were "really positive views and signals coming from the US representative."
